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Comparable sales & offer analysis

Parcel MI-118666

Calhoun County, MI · 320 ac · Recreational · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$880,900
Adjusted value
$955,515
Value range
$785,578–$1,125,452
Comp $/acre
$2,990/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.8% versus the adjusted value.

Offer position

Max allowable offer
$546,009
Offer $/acre
$1,709/ac
Projected profit
$286,655
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MI-459992835.1Jul 27, 2026$1,795,8002,1502,88078
MI-947389126.7Jul 27, 2026$334,2002,6382,37874
MI-578427268.8Aug 19, 2024$958,8003,5673,67673
MI-579965819.0Mar 19, 2026$1,034,8001,2642,51172
MI-977748164.3Mar 7, 2024$372,2002,2653,58165
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.