Comparable sales & offer analysis
Parcel MI-452500
Allegan County, MI · 3.67 ac · Residential · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$20,000
Adjusted value
$18,806
Value range
$16,132–$21,480
Comp $/acre
$5,124/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.3% versus the adjusted value.
Offer position
Max allowable offer
$10,746
Offer $/acre
$2,928/ac
Projected profit
$5,642
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-912825 | 4.6 | Jul 27, 2026 | $18,000 | 3,878 | 4,561 | 85 |
| MI-552844 | 4.7 | Jul 27, 2026 | $22,500 | 4,786 | 4,787 | 83 |
| MI-182803 | 4.6 | Jun 28, 2026 | $34,000 | 7,442 | 4,456 | 78 |
| MI-972020 | 2.6 | Nov 6, 2025 | $12,600 | 4,868 | 5,784 | 77 |
| MI-963424 | 7.2 | May 21, 2025 | $34,600 | 4,827 | 5,180 | 68 |
| MI-263441 | 7.3 | Mar 31, 2024 | $43,300 | 5,962 | 6,695 | 64 |
| MI-503738 | 9.0 | Mar 14, 2024 | $29,200 | 3,248 | 4,689 | 61 |
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.