Comparable sales & offer analysis
Parcel MI-859353
Allegan County, MI · 526 ac · Recreational · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,501,800
Adjusted value
$1,652,571
Value range
$1,350,740–$1,954,403
Comp $/acre
$3,144/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.1% versus the adjusted value.
Offer position
Max allowable offer
$944,327
Offer $/acre
$1,796/ac
Projected profit
$495,771
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 | 2,525 | 80 |
| MI-139507 | 587.7 | May 18, 2025 | $1,571,300 | 2,674 | 2,919 | 76 |
| MI-167930 | 187.5 | Jul 27, 2026 | $694,400 | 3,703 | 3,244 | 75 |
| MI-467370 | 125.0 | Jul 27, 2026 | $374,400 | 2,996 | 2,943 | 65 |
| MI-968097 | 211.6 | Sep 5, 2025 | $825,600 | 3,901 | 4,263 | 65 |
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.