Comparable sales & offer analysis
Parcel MI-859130
Kent County, MI · 447 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$725,100
Adjusted value
$846,123
Value range
$616,473–$1,075,774
Comp $/acre
$1,892/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.3% versus the adjusted value.
Offer position
Max allowable offer
$483,499
Offer $/acre
$1,081/ac
Projected profit
$253,837
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-338370 | 257.9 | Jul 27, 2026 | $588,000 | 2,280 | 1,429 | 78 |
| MI-628415 | 266.4 | Aug 6, 2025 | $569,200 | 2,136 | 1,340 | 75 |
| MI-678085 | 209.8 | Jul 27, 2026 | $985,000 | 4,695 | 2,775 | 73 |
| MI-157946 | 189.7 | Jul 27, 2026 | $641,000 | 3,379 | 1,349 | 72 |
| MI-239733 | 692.3 | Dec 23, 2024 | $902,700 | 1,304 | 1,600 | 72 |
| MI-688962 | 396.0 | Nov 13, 2024 | $775,800 | 1,959 | 2,579 | 71 |
| MI-648348 | 253.8 | Mar 29, 2025 | $536,700 | 2,114 | 1,904 | 70 |
| MI-177917 | 185.8 | Jul 5, 2025 | $632,100 | 3,403 | 2,361 | 67 |
| MI-137890 | 182.2 | Jan 27, 2026 | $675,000 | 3,706 | 2,150 | 67 |
| MI-657792 | 169.7 | Jul 6, 2025 | $374,000 | 2,204 | 1,492 | 64 |
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.