Comparable sales & offer analysis
Parcel MI-966175
Allegan County, MI · 52.59 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$205,200
Adjusted value
$243,188
Value range
$186,145–$300,231
Comp $/acre
$4,624/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.6% versus the adjusted value.
Offer position
Max allowable offer
$138,965
Offer $/acre
$2,642/ac
Projected profit
$72,956
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-546392 | 61.5 | Jul 27, 2026 | $211,900 | 3,443 | 4,170 | 85 |
| MI-345638 | 35.6 | Jul 27, 2026 | $224,900 | 6,311 | 5,008 | 77 |
| MI-467370 | 125.0 | Jul 27, 2026 | $374,400 | 2,996 | 4,616 | 70 |
| MI-968097 | 211.6 | Sep 5, 2025 | $825,600 | 3,901 | 6,685 | 69 |
| MI-167930 | 187.5 | Jul 27, 2026 | $694,400 | 3,703 | 5,088 | 68 |
| MI-434370 | 14.2 | Jul 4, 2026 | $43,500 | 3,062 | 2,504 | 63 |
| MI-428453 | 273.9 | Jul 27, 2026 | $1,201,600 | 4,387 | 3,961 | 62 |
| MI-534838 | 20.0 | Mar 14, 2024 | $141,400 | 7,086 | 4,813 | 57 |
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.