Comparable sales & offer analysis
Parcel MI-167930
Allegan County, MI · 188 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$684,100
Adjusted value
$652,435
Value range
$526,374–$778,497
Comp $/acre
$3,479/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.9% versus the adjusted value.
Offer position
Max allowable offer
$372,820
Offer $/acre
$1,988/ac
Projected profit
$195,731
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-428453 | 273.9 | Jul 27, 2026 | $1,201,600 | 4,387 | 2,905 | 79 |
| MI-467370 | 125.0 | Jul 27, 2026 | $374,400 | 2,996 | 3,386 | 74 |
| MI-968097 | 211.6 | Sep 5, 2025 | $825,600 | 3,901 | 4,904 | 74 |
| MI-859353 | 525.7 | May 16, 2026 | $1,465,800 | 2,788 | 3,241 | 72 |
| MI-546392 | 61.5 | Jul 27, 2026 | $211,900 | 3,443 | 3,059 | 68 |
| MI-139507 | 587.7 | May 18, 2025 | $1,571,300 | 2,674 | 3,357 | 62 |
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.