Comparable sales & offer analysis
Parcel MI-239733
Kent County, MI · 692 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$909,100
Adjusted value
$1,156,040
Value range
$832,349–$1,479,731
Comp $/acre
$1,670/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.4% versus the adjusted value.
Offer position
Max allowable offer
$660,594
Offer $/acre
$954/ac
Projected profit
$346,812
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 | 1,322 | 79 |
| MI-648348 | 253.8 | Mar 29, 2025 | $536,700 | 2,114 | 1,668 | 70 |
| MI-338370 | 257.9 | Jul 27, 2026 | $588,000 | 2,280 | 1,251 | 69 |
| MI-628415 | 266.4 | Aug 6, 2025 | $569,200 | 2,136 | 1,174 | 68 |
| MI-678085 | 209.8 | Jul 27, 2026 | $985,000 | 4,695 | 2,430 | 68 |
| MI-688962 | 396.0 | Nov 13, 2024 | $775,800 | 1,959 | 2,258 | 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.