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Comparable sales & offer analysis

Parcel MI-434370

Allegan County, MI · 14.22 ac · Agricultural · Dirt · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$52,400
Adjusted value
$71,252
Value range
$59,261–$83,243
Comp $/acre
$5,011/ac

Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.5% versus the adjusted value.

Offer position

Max allowable offer
$40,716
Offer $/acre
$2,863/ac
Projected profit
$21,376
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MI-9128254.6Jul 27, 2026$18,0003,8784,22980
MI-34563835.6Jul 27, 2026$224,9006,3116,15475
MI-5528444.7Jul 27, 2026$22,5004,7864,43974
MI-9634247.2May 21, 2025$34,6004,8274,80471
MI-53483820.0Mar 14, 2024$141,4007,0865,91770
MI-1828034.6Jun 28, 2026$34,0007,4424,13269
MI-5037389.0Mar 14, 2024$29,2003,2484,34866
MI-2634417.3Mar 31, 2024$43,3005,9626,20862
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.