Comparable sales & offer analysis
Parcel MI-427935
Kent County, MI · 188 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$623,800
Adjusted value
$643,121
Value range
$482,225–$804,016
Comp $/acre
$3,417/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.0% versus the adjusted value.
Offer position
Max allowable offer
$367,497
Offer $/acre
$1,953/ac
Projected profit
$192,936
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-157946 | 189.7 | Jul 27, 2026 | $641,000 | 3,379 | 2,487 | 86 |
| MI-678085 | 209.8 | Jul 27, 2026 | $985,000 | 4,695 | 5,117 | 82 |
| MI-338370 | 257.9 | Jul 27, 2026 | $588,000 | 2,280 | 2,634 | 82 |
| MI-137890 | 182.2 | Jan 27, 2026 | $675,000 | 3,706 | 3,964 | 81 |
| MI-657792 | 169.7 | Jul 6, 2025 | $374,000 | 2,204 | 2,751 | 80 |
| MI-628415 | 266.4 | Aug 6, 2025 | $569,200 | 2,136 | 2,471 | 79 |
| MI-177917 | 185.8 | Jul 5, 2025 | $632,100 | 3,403 | 4,353 | 79 |
| MI-307786 | 168.9 | Dec 11, 2025 | $629,800 | 3,728 | 3,915 | 77 |
| MI-157848 | 176.7 | Apr 24, 2025 | $445,000 | 2,518 | 3,203 | 77 |
| MI-427395 | 127.3 | Nov 2, 2024 | $435,600 | 3,423 | 3,330 | 76 |
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.