Comparable sales & offer analysis
Parcel MI-977748
Calhoun County, MI · 164 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$356,900
Adjusted value
$318,936
Value range
$272,629–$365,244
Comp $/acre
$1,941/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.9% versus the adjusted value.
Offer position
Max allowable offer
$182,249
Offer $/acre
$1,109/ac
Projected profit
$95,681
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-947389 | 126.7 | Jul 27, 2026 | $334,200 | 2,638 | 1,659 | 80 |
| MI-118666 | 319.6 | Nov 14, 2024 | $839,500 | 2,627 | 1,967 | 67 |
| MI-459992 | 835.1 | Jul 27, 2026 | $1,795,800 | 2,150 | 2,009 | 66 |
| MI-125823 | 40.8 | Aug 8, 2025 | $225,600 | 5,537 | 1,980 | 64 |
| MI-579965 | 819.0 | Mar 19, 2026 | $1,034,800 | 1,264 | 1,751 | 64 |
| MI-578427 | 268.8 | Aug 19, 2024 | $958,800 | 3,567 | 2,564 | 63 |
| MI-145754 | 38.8 | Jun 10, 2025 | $126,400 | 3,261 | 1,710 | 58 |
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.