Comparable sales & offer analysis
Parcel MI-975816
Kent County, MI · 40.55 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$207,100
Adjusted value
$204,012
Value range
$169,415–$238,609
Comp $/acre
$5,031/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.5% versus the adjusted value.
Offer position
Max allowable offer
$116,578
Offer $/acre
$2,875/ac
Projected profit
$61,204
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-856190 | 53.2 | Jul 27, 2026 | $134,600 | 2,532 | 3,680 | 83 |
| MI-426696 | 76.7 | Jul 27, 2026 | $334,400 | 4,360 | 4,781 | 79 |
| MI-815402 | 30.0 | Jul 9, 2026 | $158,600 | 5,279 | 5,887 | 78 |
| MI-196352 | 59.8 | Jul 27, 2026 | $333,300 | 5,575 | 5,144 | 77 |
| MI-644893 | 20.8 | Jul 27, 2026 | $82,000 | 3,946 | 6,193 | 72 |
| MI-427395 | 127.3 | Nov 2, 2024 | $435,600 | 3,423 | 4,556 | 57 |
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.