Comparable sales & offer analysis
Parcel MI-428453
Allegan County, MI · 274 ac · Mixed Use · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,207,600
Adjusted value
$1,549,190
Value range
$1,297,581–$1,800,799
Comp $/acre
$5,656/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.0% versus the adjusted value.
Offer position
Max allowable offer
$885,251
Offer $/acre
$3,232/ac
Projected profit
$464,757
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-167930 | 187.5 | Jul 27, 2026 | $694,400 | 3,703 | 5,679 | 79 |
| MI-859353 | 525.7 | May 16, 2026 | $1,465,800 | 2,788 | 4,933 | 77 |
| MI-467370 | 125.0 | Jul 27, 2026 | $374,400 | 2,996 | 5,153 | 72 |
| MI-968097 | 211.6 | Sep 5, 2025 | $825,600 | 3,901 | 7,462 | 71 |
| MI-139507 | 587.7 | May 18, 2025 | $1,571,300 | 2,674 | 5,109 | 70 |
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.