Comparable sales & offer analysis
Parcel MI-579965
Calhoun County, MI · 819 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$970,700
Adjusted value
$1,270,361
Value range
$1,069,648–$1,471,073
Comp $/acre
$1,551/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.6% versus the adjusted value.
Offer position
Max allowable offer
$725,920
Offer $/acre
$886/ac
Projected profit
$381,108
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-459992 | 835.1 | Jul 27, 2026 | $1,795,800 | 2,150 | 1,483 | 85 |
| MI-947389 | 126.7 | Jul 27, 2026 | $334,200 | 2,638 | 1,224 | 71 |
| MI-118666 | 319.6 | Nov 14, 2024 | $839,500 | 2,627 | 1,451 | 64 |
| MI-578427 | 268.8 | Aug 19, 2024 | $958,800 | 3,567 | 1,892 | 58 |
| MI-977748 | 164.3 | Mar 7, 2024 | $372,200 | 2,265 | 1,842 | 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.