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Comparable sales & offer analysis

Parcel MI-307786

Kent County, MI · 169 ac · Recreational · Paved · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$646,600
Adjusted value
$604,172
Value range
$460,251–$748,093
Comp $/acre
$3,576/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.0% versus the adjusted value.

Offer position

Max allowable offer
$345,241
Offer $/acre
$2,044/ac
Projected profit
$181,252
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MI-157946189.7Jul 27, 2026$641,0003,3792,43584
MI-157848176.7Apr 24, 2025$445,0002,5183,13783
MI-678085209.8Jul 27, 2026$985,0004,6955,01080
MI-137890182.2Jan 27, 2026$675,0003,7063,88279
MI-177917185.8Jul 5, 2025$632,1003,4034,26478
MI-19635259.8Jul 27, 2026$333,3005,5753,68277
MI-657792169.7Jul 6, 2025$374,0002,2042,69476
MI-507547142.1Aug 18, 2024$372,7002,6234,70975
MI-338370257.9Jul 27, 2026$588,0002,2802,57974
MI-42669676.7Jul 27, 2026$334,4004,3603,42273
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.