Comparable sales & offer analysis
Parcel MI-525064
Calhoun County, MI · 23.52 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$145,100
Adjusted value
$130,574
Value range
$110,875–$150,272
Comp $/acre
$5,552/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.1% versus the adjusted value.
Offer position
Max allowable offer
$74,614
Offer $/acre
$3,172/ac
Projected profit
$39,172
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-824977 | 22.1 | Jul 27, 2026 | $81,100 | 3,671 | 5,017 | 81 |
| MI-554173 | 12.3 | Jul 27, 2026 | $79,200 | 6,427 | 4,925 | 75 |
| MI-325337 | 28.7 | Oct 4, 2025 | $201,000 | 7,014 | 6,168 | 74 |
| MI-723961 | 10.6 | Jul 27, 2026 | $58,900 | 5,566 | 5,134 | 74 |
| MI-834991 | 22.3 | Dec 21, 2023 | $71,900 | 3,222 | 6,181 | 72 |
| MI-583931 | 10.3 | Jun 30, 2026 | $70,100 | 6,770 | 7,537 | 71 |
| MI-145754 | 38.8 | Jun 10, 2025 | $126,400 | 3,261 | 4,494 | 71 |
| MI-125823 | 40.8 | Aug 8, 2025 | $225,600 | 5,537 | 5,203 | 70 |
| MI-583823 | 9.6 | Feb 20, 2026 | $50,600 | 5,291 | 5,798 | 67 |
| MI-203746 | 9.1 | Sep 11, 2025 | $33,400 | 3,692 | 5,128 | 66 |
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.