Comparable sales & offer analysis
Parcel MI-980257
Calhoun County, MI · 0.72 ac · Mixed Use · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,700
Adjusted value
$3,204
Value range
$2,601–$3,807
Comp $/acre
$4,450/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.7% versus the adjusted value.
Offer position
Max allowable offer
$1,831
Offer $/acre
$2,543/ac
Projected profit
$961
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-230162 | 0.7 | Jul 9, 2025 | $4,000 | 5,914 | 4,216 | 77 |
| MI-991328 | 1.6 | Dec 16, 2024 | $8,800 | 5,611 | 5,663 | 66 |
| MI-832202 | 3.0 | Aug 1, 2025 | $15,200 | 5,123 | 5,497 | 61 |
| MI-412984 | 5.2 | Jan 29, 2026 | $21,300 | 4,096 | 3,520 | 60 |
| MI-262834 | 4.7 | Mar 21, 2025 | $20,700 | 4,438 | 3,883 | 58 |
| MI-552394 | 3.4 | Mar 18, 2024 | $14,300 | 4,194 | 3,770 | 53 |
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.
