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Comparable sales & offer analysis

Parcel MI-947389

Calhoun County, MI · 127 ac · Unzoned · Dirt · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$378,100
Adjusted value
$435,009
Value range
$368,181–$501,836
Comp $/acre
$3,433/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.1% versus the adjusted value.

Offer position

Max allowable offer
$248,576
Offer $/acre
$1,962/ac
Projected profit
$130,503
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-977748164.3Mar 7, 2024$372,2002,2653,98167
MI-578427268.8Aug 19, 2024$958,8003,5674,08765
MI-118666319.6Nov 14, 2024$839,5002,6273,13563
MI-12582340.8Aug 8, 2025$225,6005,5373,15663
MI-14575438.8Jun 10, 2025$126,4003,2612,72661
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.