Comparable sales & offer analysis
Parcel MI-139507
Allegan County, MI · 588 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,848,600
Adjusted value
$1,772,814
Value range
$1,444,027–$2,101,602
Comp $/acre
$3,016/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.3% versus the adjusted value.
Offer position
Max allowable offer
$1,013,037
Offer $/acre
$1,724/ac
Projected profit
$531,844
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-859353 | 525.7 | May 16, 2026 | $1,465,800 | 2,788 | 2,731 | 81 |
| MI-428453 | 273.9 | Jul 27, 2026 | $1,201,600 | 4,387 | 2,447 | 78 |
| MI-167930 | 187.5 | Jul 27, 2026 | $694,400 | 3,703 | 3,144 | 70 |
| MI-467370 | 125.0 | Jul 27, 2026 | $374,400 | 2,996 | 2,853 | 68 |
| MI-968097 | 211.6 | Sep 5, 2025 | $825,600 | 3,901 | 4,131 | 63 |
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.