Comparable sales & offer analysis
Parcel MI-157946
Kent County, MI · 190 ac · Residential · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$752,300
Adjusted value
$946,981
Value range
$740,328–$1,153,633
Comp $/acre
$4,992/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.6% versus the adjusted value.
Offer position
Max allowable offer
$541,132
Offer $/acre
$2,853/ac
Projected profit
$284,094
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-678085 | 209.8 | Jul 27, 2026 | $985,000 | 4,695 | 6,966 | 91 |
| MI-137890 | 182.2 | Jan 27, 2026 | $675,000 | 3,706 | 5,397 | 87 |
| MI-338370 | 257.9 | Jul 27, 2026 | $588,000 | 2,280 | 3,586 | 81 |
| MI-657792 | 169.7 | Jul 6, 2025 | $374,000 | 2,204 | 3,746 | 80 |
| MI-177917 | 185.8 | Jul 5, 2025 | $632,100 | 3,403 | 5,928 | 79 |
| MI-307786 | 168.9 | Dec 11, 2025 | $629,800 | 3,728 | 5,331 | 79 |
| MI-427935 | 188.2 | Feb 29, 2024 | $665,000 | 3,534 | 5,338 | 74 |
| MI-426696 | 76.7 | Jul 27, 2026 | $334,400 | 4,360 | 4,758 | 74 |
| MI-628415 | 266.4 | Aug 6, 2025 | $569,200 | 2,136 | 3,365 | 73 |
| MI-196352 | 59.8 | Jul 27, 2026 | $333,300 | 5,575 | 5,119 | 73 |
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.