Comparable sales & offer analysis
Parcel MI-139507
Allegan County, MI · 588 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,848,600
Adjusted value
$1,762,665
Value range
$1,435,984–$2,089,346
Comp $/acre
$2,999/ac
Weighted from 5 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
$1,007,237
Offer $/acre
$1,714/ac
Projected profit
$528,799
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 | 2,716 | 83 |
| MI-428453 | 273.9 | Jul 27, 2026 | $1,201,600 | 4,387 | 2,434 | 79 |
| MI-167930 | 187.5 | Jul 27, 2026 | $694,400 | 3,703 | 3,126 | 72 |
| MI-467370 | 125.0 | Jul 27, 2026 | $374,400 | 2,996 | 2,837 | 69 |
| MI-968097 | 211.6 | Sep 5, 2025 | $825,600 | 3,901 | 4,109 | 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.