Comparable sales & offer analysis
Parcel MI-975816
Kent County, MI · 40.55 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$207,100
Adjusted value
$202,928
Value range
$168,516–$237,340
Comp $/acre
$5,004/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.1% versus the adjusted value.
Offer position
Max allowable offer
$115,959
Offer $/acre
$2,860/ac
Projected profit
$60,878
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 | 3,659 | 84 |
| MI-426696 | 76.7 | Jul 27, 2026 | $334,400 | 4,360 | 4,754 | 80 |
| MI-815402 | 30.0 | Jul 9, 2026 | $158,600 | 5,279 | 5,854 | 80 |
| MI-196352 | 59.8 | Jul 27, 2026 | $333,300 | 5,575 | 5,115 | 78 |
| MI-644893 | 20.8 | Jul 27, 2026 | $82,000 | 3,946 | 6,158 | 73 |
| MI-427395 | 127.3 | Nov 2, 2024 | $435,600 | 3,423 | 4,532 | 58 |
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.