Comparable sales & offer analysis
Parcel MI-832502
Kent County, MI · 3.68 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$14,000
Adjusted value
$18,310
Value range
$15,374–$21,245
Comp $/acre
$4,975/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.5% versus the adjusted value.
Offer position
Max allowable offer
$10,463
Offer $/acre
$2,843/ac
Projected profit
$5,493
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-922328 | 3.2 | Jul 27, 2026 | $14,100 | 4,358 | 4,457 | 81 |
| MI-252674 | 4.2 | May 6, 2026 | $32,800 | 7,884 | 4,731 | 79 |
| MI-782687 | 4.2 | Mar 11, 2025 | $18,200 | 4,332 | 5,769 | 78 |
| MI-712712 | 4.3 | Nov 6, 2024 | $26,700 | 6,228 | 5,704 | 76 |
| MI-763234 | 6.3 | Dec 27, 2025 | $33,400 | 5,351 | 4,781 | 76 |
| MI-803096 | 5.7 | Nov 28, 2024 | $26,500 | 4,699 | 5,965 | 69 |
| MI-313996 | 10.8 | May 14, 2025 | $30,000 | 2,768 | 3,100 | 69 |
| MI-473119 | 5.8 | Aug 16, 2025 | $34,300 | 5,960 | 5,128 | 68 |
| MI-610909 | 1.2 | Jan 1, 2026 | $6,200 | 5,351 | 5,488 | 63 |
| MI-503905 | 10.2 | Dec 6, 2023 | $48,600 | 4,780 | 4,560 | 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.