Comparable sales & offer analysis
Parcel MI-125823
Calhoun County, MI · 40.75 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$241,300
Adjusted value
$230,277
Value range
$196,841–$263,714
Comp $/acre
$5,651/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.8% versus the adjusted value.
Offer position
Max allowable offer
$131,587
Offer $/acre
$3,229/ac
Projected profit
$69,083
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-325337 | 28.7 | Oct 4, 2025 | $201,000 | 7,014 | 6,845 | 83 |
| MI-145754 | 38.8 | Jun 10, 2025 | $126,400 | 3,261 | 4,988 | 78 |
| MI-824977 | 22.1 | Jul 27, 2026 | $81,100 | 3,671 | 5,567 | 77 |
| MI-554173 | 12.3 | Jul 27, 2026 | $79,200 | 6,427 | 5,465 | 75 |
| MI-947389 | 126.7 | Jul 27, 2026 | $334,200 | 2,638 | 4,837 | 71 |
| MI-525064 | 23.5 | Jun 24, 2025 | $120,100 | 5,108 | 5,973 | 70 |
| MI-834991 | 22.3 | Dec 21, 2023 | $71,900 | 3,222 | 6,862 | 65 |
| MI-684973 | 22.0 | Oct 2, 2023 | $53,900 | 2,448 | 4,461 | 59 |
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.