Comparable sales & offer analysis
Parcel MI-307786
Kent County, MI · 169 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$646,600
Adjusted value
$607,599
Value range
$462,934–$752,263
Comp $/acre
$3,597/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.4% versus the adjusted value.
Offer position
Max allowable offer
$347,199
Offer $/acre
$2,055/ac
Projected profit
$182,280
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 | 2,449 | 83 |
| MI-157848 | 176.7 | Apr 24, 2025 | $445,000 | 2,518 | 3,154 | 82 |
| MI-678085 | 209.8 | Jul 27, 2026 | $985,000 | 4,695 | 5,038 | 78 |
| MI-137890 | 182.2 | Jan 27, 2026 | $675,000 | 3,706 | 3,903 | 78 |
| MI-177917 | 185.8 | Jul 5, 2025 | $632,100 | 3,403 | 4,286 | 77 |
| MI-196352 | 59.8 | Jul 27, 2026 | $333,300 | 5,575 | 3,702 | 76 |
| MI-657792 | 169.7 | Jul 6, 2025 | $374,000 | 2,204 | 2,708 | 75 |
| MI-507547 | 142.1 | Aug 18, 2024 | $372,700 | 2,623 | 4,733 | 74 |
| MI-338370 | 257.9 | Jul 27, 2026 | $588,000 | 2,280 | 2,594 | 73 |
| MI-426696 | 76.7 | Jul 27, 2026 | $334,400 | 4,360 | 3,441 | 72 |
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.