Comparable sales & offer analysis
Parcel MI-157946
Kent County, MI · 190 ac · Residential · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$752,300
Adjusted value
$938,850
Value range
$728,541–$1,149,159
Comp $/acre
$4,949/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.9% versus the adjusted value.
Offer position
Max allowable offer
$536,486
Offer $/acre
$2,828/ac
Projected profit
$281,655
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 | 7,005 | 90 |
| MI-137890 | 182.2 | Jan 27, 2026 | $675,000 | 3,706 | 5,427 | 87 |
| MI-338370 | 257.9 | Jul 27, 2026 | $588,000 | 2,280 | 3,606 | 80 |
| MI-657792 | 169.7 | Jul 6, 2025 | $374,000 | 2,204 | 3,766 | 80 |
| MI-177917 | 185.8 | Jul 5, 2025 | $632,100 | 3,403 | 5,960 | 79 |
| MI-307786 | 168.9 | Dec 11, 2025 | $629,800 | 3,728 | 5,360 | 78 |
| MI-427935 | 188.2 | Feb 29, 2024 | $665,000 | 3,534 | 5,365 | 74 |
| MI-426696 | 76.7 | Jul 27, 2026 | $334,400 | 4,360 | 4,785 | 73 |
| MI-628415 | 266.4 | Aug 6, 2025 | $569,200 | 2,136 | 3,383 | 73 |
| MI-157848 | 176.7 | Apr 24, 2025 | $445,000 | 2,518 | 4,385 | 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.