Comparable sales & offer analysis
Parcel MI-426696
Kent County, MI · 76.70 ac · Unzoned · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$358,800
Adjusted value
$339,377
Value range
$262,587–$416,168
Comp $/acre
$4,425/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.7% versus the adjusted value.
Offer position
Max allowable offer
$193,930
Offer $/acre
$2,528/ac
Projected profit
$101,813
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-856190 | 53.2 | Jul 27, 2026 | $134,600 | 2,532 | 3,382 | 86 |
| MI-196352 | 59.8 | Jul 27, 2026 | $333,300 | 5,575 | 4,728 | 80 |
| MI-975816 | 40.5 | Jul 27, 2026 | $186,000 | 4,586 | 4,248 | 79 |
| MI-157946 | 189.7 | Jul 27, 2026 | $641,000 | 3,379 | 3,127 | 73 |
| MI-427395 | 127.3 | Nov 2, 2024 | $435,600 | 3,423 | 4,187 | 72 |
| MI-815402 | 30.0 | Jul 9, 2026 | $158,600 | 5,279 | 5,410 | 71 |
| MI-678085 | 209.8 | Jul 27, 2026 | $985,000 | 4,695 | 6,433 | 69 |
| MI-628415 | 266.4 | Aug 6, 2025 | $569,200 | 2,136 | 3,107 | 68 |
| MI-307786 | 168.9 | Dec 11, 2025 | $629,800 | 3,728 | 4,922 | 67 |
| MI-137890 | 182.2 | Jan 27, 2026 | $675,000 | 3,706 | 4,983 | 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.