Comparable sales & offer analysis
Parcel MI-560152
Allegan County, MI · 0.67 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$5,600
Adjusted value
$4,549
Value range
$3,275–$5,823
Comp $/acre
$6,790/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.1% versus the adjusted value.
Offer position
Max allowable offer
$2,600
Offer $/acre
$3,880/ac
Projected profit
$1,365
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-240562 | 0.9 | May 2, 2024 | $6,400 | 7,067 | 10,622 | 73 |
| MI-182803 | 4.6 | Jun 28, 2026 | $34,000 | 7,442 | 5,401 | 66 |
| MI-452500 | 3.7 | May 18, 2026 | $17,400 | 4,730 | 5,793 | 63 |
| MI-552844 | 4.7 | Jul 27, 2026 | $22,500 | 4,786 | 5,802 | 63 |
| MI-912825 | 4.6 | Jul 27, 2026 | $18,000 | 3,878 | 5,529 | 61 |
| MI-972020 | 2.6 | Nov 6, 2025 | $12,600 | 4,868 | 7,011 | 59 |
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.