Comparable sales & offer analysis
Parcel MI-182803
Allegan County, MI · 4.57 ac · Agricultural · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$38,300
Adjusted value
$37,979
Value range
$31,130–$44,828
Comp $/acre
$8,311/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.8% versus the adjusted value.
Offer position
Max allowable offer
$21,703
Offer $/acre
$4,749/ac
Projected profit
$11,394
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 | 7,660 | 87 |
| MI-552844 | 4.7 | Jul 27, 2026 | $22,500 | 4,786 | 8,039 | 82 |
| MI-452500 | 3.7 | May 18, 2026 | $17,400 | 4,730 | 8,026 | 77 |
| MI-434370 | 14.2 | Jul 4, 2026 | $43,500 | 3,062 | 5,573 | 69 |
| MI-972020 | 2.6 | Nov 6, 2025 | $12,600 | 4,868 | 9,714 | 68 |
| MI-963424 | 7.2 | May 21, 2025 | $34,600 | 4,827 | 8,700 | 67 |
| MI-263441 | 7.3 | Mar 31, 2024 | $43,300 | 5,962 | 11,244 | 66 |
| MI-503738 | 9.0 | Mar 14, 2024 | $29,200 | 3,248 | 7,874 | 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.