Comparable sales & offer analysis
Parcel MI-534838
Allegan County, MI · 19.96 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$140,600
Adjusted value
$126,833
Value range
$98,096–$155,570
Comp $/acre
$6,354/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.9% versus the adjusted value.
Offer position
Max allowable offer
$72,476
Offer $/acre
$3,631/ac
Projected profit
$38,050
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-434370 | 14.2 | Jul 4, 2026 | $43,500 | 3,062 | 4,083 | 81 |
| MI-345638 | 35.6 | Jul 27, 2026 | $224,900 | 6,311 | 8,165 | 75 |
| MI-546392 | 61.5 | Jul 27, 2026 | $211,900 | 3,443 | 6,800 | 66 |
| MI-966175 | 52.6 | Feb 8, 2026 | $169,500 | 3,223 | 5,398 | 66 |
| MI-263441 | 7.3 | Mar 31, 2024 | $43,300 | 5,962 | 8,233 | 62 |
| MI-963424 | 7.2 | May 21, 2025 | $34,600 | 4,827 | 6,372 | 62 |
| MI-503738 | 9.0 | Mar 14, 2024 | $29,200 | 3,248 | 5,766 | 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.
