Comparable sales & offer analysis
Parcel MI-503738
Allegan County, MI · 9.00 ac · Mixed Use · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$33,600
Adjusted value
$34,829
Value range
$28,079–$41,578
Comp $/acre
$3,870/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.5% versus the adjusted value.
Offer position
Max allowable offer
$19,902
Offer $/acre
$2,211/ac
Projected profit
$10,449
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-552844 | 4.7 | Jul 27, 2026 | $22,500 | 4,786 | 3,674 | 77 |
| MI-434370 | 14.2 | Jul 4, 2026 | $43,500 | 3,062 | 2,547 | 77 |
| MI-963424 | 7.2 | May 21, 2025 | $34,600 | 4,827 | 3,975 | 76 |
| MI-912825 | 4.6 | Jul 27, 2026 | $18,000 | 3,878 | 3,501 | 74 |
| MI-452500 | 3.7 | May 18, 2026 | $17,400 | 4,730 | 3,668 | 71 |
| MI-182803 | 4.6 | Jun 28, 2026 | $34,000 | 7,442 | 3,420 | 71 |
| MI-263441 | 7.3 | Mar 31, 2024 | $43,300 | 5,962 | 5,136 | 68 |
| MI-972020 | 2.6 | Nov 6, 2025 | $12,600 | 4,868 | 4,438 | 63 |
| MI-534838 | 20.0 | Mar 14, 2024 | $141,400 | 7,086 | 4,895 | 60 |
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.