Comparable sales & offer analysis
Parcel MI-467370
Allegan County, MI · 125 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$359,700
Adjusted value
$380,023
Value range
$285,894–$474,151
Comp $/acre
$3,041/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.3% versus the adjusted value.
Offer position
Max allowable offer
$217,156
Offer $/acre
$1,738/ac
Projected profit
$114,007
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| MI-167930 | 187.5 | Jul 27, 2026 | $694,400 | 3,703 | 3,328 | 74 |
| MI-428453 | 273.9 | Jul 27, 2026 | $1,201,600 | 4,387 | 2,591 | 71 |
| MI-546392 | 61.5 | Jul 27, 2026 | $211,900 | 3,443 | 2,728 | 71 |
| MI-968097 | 211.6 | Sep 5, 2025 | $825,600 | 3,901 | 4,372 | 68 |
| MI-966175 | 52.6 | Feb 8, 2026 | $169,500 | 3,223 | 2,165 | 66 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.