Comparable sales & offer analysis
Parcel MI-196352
Kent County, MI · 59.78 ac · Recreational · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$325,800
Adjusted value
$320,643
Value range
$261,531–$379,755
Comp $/acre
$5,364/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.6% versus the adjusted value.
Offer position
Max allowable offer
$183,224
Offer $/acre
$3,065/ac
Projected profit
$96,193
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 | 3,997 | 85 |
| MI-426696 | 76.7 | Jul 27, 2026 | $334,400 | 4,360 | 5,193 | 82 |
| MI-815402 | 30.0 | Jul 9, 2026 | $158,600 | 5,279 | 6,395 | 79 |
| MI-975816 | 40.5 | Jul 27, 2026 | $186,000 | 4,586 | 5,021 | 78 |
| MI-157946 | 189.7 | Jul 27, 2026 | $641,000 | 3,379 | 3,696 | 73 |
| MI-307786 | 168.9 | Dec 11, 2025 | $629,800 | 3,728 | 5,818 | 72 |
| MI-137890 | 182.2 | Jan 27, 2026 | $675,000 | 3,706 | 5,891 | 69 |
| MI-644893 | 20.8 | Jul 27, 2026 | $82,000 | 3,946 | 6,727 | 68 |
| MI-177917 | 185.8 | Jul 5, 2025 | $632,100 | 3,403 | 6,470 | 67 |
| MI-157848 | 176.7 | Apr 24, 2025 | $445,000 | 2,518 | 4,761 | 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.