Comparable sales & offer analysis
Parcel MI-688962
Kent County, MI · 396 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$859,100
Adjusted value
$575,358
Value range
$429,198–$721,518
Comp $/acre
$1,453/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +49.3% versus the adjusted value.
Offer position
Max allowable offer
$328,776
Offer $/acre
$830/ac
Projected profit
$172,607
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-859130 | 447.3 | Apr 23, 2026 | $662,700 | 1,482 | 1,238 | 79 |
| MI-678085 | 209.8 | Jul 27, 2026 | $985,000 | 4,695 | 2,275 | 77 |
| MI-157946 | 189.7 | Jul 27, 2026 | $641,000 | 3,379 | 1,106 | 76 |
| MI-338370 | 257.9 | Jul 27, 2026 | $588,000 | 2,280 | 1,171 | 74 |
| MI-137890 | 182.2 | Jan 27, 2026 | $675,000 | 3,706 | 1,763 | 73 |
| MI-307786 | 168.9 | Dec 11, 2025 | $629,800 | 3,728 | 1,741 | 70 |
| MI-628415 | 266.4 | Aug 6, 2025 | $569,200 | 2,136 | 1,099 | 69 |
| MI-648348 | 253.8 | Mar 29, 2025 | $536,700 | 2,114 | 1,562 | 68 |
| MI-239733 | 692.3 | Dec 23, 2024 | $902,700 | 1,304 | 1,312 | 67 |
| MI-657792 | 169.7 | Jul 6, 2025 | $374,000 | 2,204 | 1,223 | 66 |
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.