Comparable sales & offer analysis
Parcel MI-239733
Kent County, MI · 692 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$909,100
Adjusted value
$1,149,760
Value range
$827,828–$1,471,693
Comp $/acre
$1,661/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.9% versus the adjusted value.
Offer position
Max allowable offer
$657,006
Offer $/acre
$949/ac
Projected profit
$344,928
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 | 1,315 | 80 |
| MI-648348 | 253.8 | Mar 29, 2025 | $536,700 | 2,114 | 1,659 | 71 |
| MI-338370 | 257.9 | Jul 27, 2026 | $588,000 | 2,280 | 1,244 | 70 |
| MI-678085 | 209.8 | Jul 27, 2026 | $985,000 | 4,695 | 2,417 | 69 |
| MI-628415 | 266.4 | Aug 6, 2025 | $569,200 | 2,136 | 1,168 | 69 |
| MI-688962 | 396.0 | Nov 13, 2024 | $775,800 | 1,959 | 2,247 | 67 |
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.