Comparable sales & offer analysis
Parcel MI-412984
Calhoun County, MI · 5.21 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$25,900
Adjusted value
$28,874
Value range
$24,235–$33,514
Comp $/acre
$5,542/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.3% versus the adjusted value.
Offer position
Max allowable offer
$16,500
Offer $/acre
$3,167/ac
Projected profit
$8,662
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-773346 | 6.8 | Feb 15, 2025 | $38,700 | 5,715 | 6,159 | 82 |
| MI-262834 | 4.7 | Mar 21, 2025 | $20,700 | 4,438 | 4,622 | 80 |
| MI-723961 | 10.6 | Jul 27, 2026 | $58,900 | 5,566 | 4,962 | 73 |
| MI-583823 | 9.6 | Feb 20, 2026 | $50,600 | 5,291 | 5,604 | 73 |
| MI-203746 | 9.1 | Sep 11, 2025 | $33,400 | 3,692 | 4,957 | 72 |
| MI-554173 | 12.3 | Jul 27, 2026 | $79,200 | 6,427 | 4,760 | 72 |
| MI-583931 | 10.3 | Jun 30, 2026 | $70,100 | 6,770 | 7,285 | 71 |
| MI-843453 | 7.3 | Aug 4, 2024 | $58,500 | 7,995 | 6,159 | 67 |
| MI-552394 | 3.4 | Mar 18, 2024 | $14,300 | 4,194 | 4,489 | 67 |
| MI-832202 | 3.0 | Aug 1, 2025 | $15,200 | 5,123 | 6,543 | 65 |
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.