Comparable sales & offer analysis
Parcel MI-427395
Kent County, MI · 127 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$531,200
Adjusted value
$494,000
Value range
$387,265–$600,736
Comp $/acre
$3,882/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.5% versus the adjusted value.
Offer position
Max allowable offer
$282,286
Offer $/acre
$2,218/ac
Projected profit
$148,200
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 | 3,859 | 83 |
| MI-157946 | 189.7 | Jul 27, 2026 | $641,000 | 3,379 | 2,747 | 80 |
| MI-307786 | 168.9 | Dec 11, 2025 | $629,800 | 3,728 | 4,324 | 78 |
| MI-678085 | 209.8 | Jul 27, 2026 | $985,000 | 4,695 | 5,650 | 76 |
| MI-338370 | 257.9 | Jul 27, 2026 | $588,000 | 2,280 | 2,909 | 76 |
| MI-856190 | 53.2 | Jul 27, 2026 | $134,600 | 2,532 | 2,970 | 75 |
| MI-427935 | 188.2 | Feb 29, 2024 | $665,000 | 3,534 | 4,330 | 75 |
| MI-137890 | 182.2 | Jan 27, 2026 | $675,000 | 3,706 | 4,378 | 74 |
| MI-157848 | 176.7 | Apr 24, 2025 | $445,000 | 2,518 | 3,538 | 74 |
| MI-196352 | 59.8 | Jul 27, 2026 | $333,300 | 5,575 | 4,152 | 74 |
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.