Comparable sales & offer analysis
Parcel MI-203746
Calhoun County, MI · 9.05 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$32,100
Adjusted value
$38,648
Value range
$31,987–$45,310
Comp $/acre
$4,271/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.9% versus the adjusted value.
Offer position
Max allowable offer
$22,085
Offer $/acre
$2,440/ac
Projected profit
$11,595
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-723961 | 10.6 | Jul 27, 2026 | $58,900 | 5,566 | 3,841 | 86 |
| MI-583931 | 10.3 | Jun 30, 2026 | $70,100 | 6,770 | 5,638 | 83 |
| MI-554173 | 12.3 | Jul 27, 2026 | $79,200 | 6,427 | 3,684 | 78 |
| MI-583823 | 9.6 | Feb 20, 2026 | $50,600 | 5,291 | 4,337 | 78 |
| MI-412984 | 5.2 | Jan 29, 2026 | $21,300 | 4,096 | 3,243 | 75 |
| MI-773346 | 6.8 | Feb 15, 2025 | $38,700 | 5,715 | 4,767 | 73 |
| MI-843453 | 7.3 | Aug 4, 2024 | $58,500 | 7,995 | 4,767 | 72 |
| MI-824977 | 22.1 | Jul 27, 2026 | $81,100 | 3,671 | 3,753 | 71 |
| MI-262834 | 4.7 | Mar 21, 2025 | $20,700 | 4,438 | 3,577 | 69 |
| MI-832202 | 3.0 | Aug 1, 2025 | $15,200 | 5,123 | 5,064 | 68 |
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.