Comparable sales & offer analysis
Parcel MI-145754
Calhoun County, MI · 38.76 ac · Agricultural · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$131,800
Adjusted value
$157,758
Value range
$139,800–$175,715
Comp $/acre
$4,070/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.5% versus the adjusted value.
Offer position
Max allowable offer
$90,147
Offer $/acre
$2,326/ac
Projected profit
$47,327
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-125823 | 40.8 | Aug 8, 2025 | $225,600 | 5,537 | 3,983 | 78 |
| MI-824977 | 22.1 | Jul 27, 2026 | $81,100 | 3,671 | 3,842 | 73 |
| MI-554173 | 12.3 | Jul 27, 2026 | $79,200 | 6,427 | 3,771 | 72 |
| MI-325337 | 28.7 | Oct 4, 2025 | $201,000 | 7,014 | 4,723 | 72 |
| MI-525064 | 23.5 | Jun 24, 2025 | $120,100 | 5,108 | 4,121 | 71 |
| MI-947389 | 126.7 | Jul 27, 2026 | $334,200 | 2,638 | 3,338 | 68 |
| MI-834991 | 22.3 | Dec 21, 2023 | $71,900 | 3,222 | 4,733 | 67 |
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.