Comparable sales & offer analysis
Parcel MI-856190
Kent County, MI · 53.16 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$125,800
Adjusted value
$190,623
Value range
$165,043–$216,202
Comp $/acre
$3,586/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -34.0% versus the adjusted value.
Offer position
Max allowable offer
$108,927
Offer $/acre
$2,049/ac
Projected profit
$57,187
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-426696 | 76.7 | Jul 27, 2026 | $334,400 | 4,360 | 3,315 | 86 |
| MI-196352 | 59.8 | Jul 27, 2026 | $333,300 | 5,575 | 3,567 | 83 |
| MI-975816 | 40.5 | Jul 27, 2026 | $186,000 | 4,586 | 3,206 | 83 |
| MI-815402 | 30.0 | Jul 9, 2026 | $158,600 | 5,279 | 4,082 | 79 |
| MI-644893 | 20.8 | Jul 27, 2026 | $82,000 | 3,946 | 4,295 | 72 |
| MI-137890 | 182.2 | Jan 27, 2026 | $675,000 | 3,706 | 3,760 | 66 |
| MI-177917 | 185.8 | Jul 5, 2025 | $632,100 | 3,403 | 4,130 | 64 |
| MI-307786 | 168.9 | Dec 11, 2025 | $629,800 | 3,728 | 3,714 | 63 |
| MI-427395 | 127.3 | Nov 2, 2024 | $435,600 | 3,423 | 3,159 | 63 |
| MI-657792 | 169.7 | Jul 6, 2025 | $374,000 | 2,204 | 2,609 | 63 |
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.