Comparable sales & offer analysis
Parcel MI-507547
Kent County, MI · 142 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$401,600
Adjusted value
$292,046
Value range
$230,021–$354,072
Comp $/acre
$2,056/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +37.5% versus the adjusted value.
Offer position
Max allowable offer
$166,884
Offer $/acre
$1,175/ac
Projected profit
$87,614
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-307786 | 168.9 | Dec 11, 2025 | $629,800 | 3,728 | 2,314 | 81 |
| MI-157946 | 189.7 | Jul 27, 2026 | $641,000 | 3,379 | 1,470 | 78 |
| MI-678085 | 209.8 | Jul 27, 2026 | $985,000 | 4,695 | 3,024 | 76 |
| MI-157848 | 176.7 | Apr 24, 2025 | $445,000 | 2,518 | 1,894 | 75 |
| MI-137890 | 182.2 | Jan 27, 2026 | $675,000 | 3,706 | 2,343 | 75 |
| MI-426696 | 76.7 | Jul 27, 2026 | $334,400 | 4,360 | 2,066 | 75 |
| MI-427395 | 127.3 | Nov 2, 2024 | $435,600 | 3,423 | 1,969 | 73 |
| MI-657792 | 169.7 | Jul 6, 2025 | $374,000 | 2,204 | 1,626 | 73 |
| MI-196352 | 59.8 | Jul 27, 2026 | $333,300 | 5,575 | 2,223 | 72 |
| MI-856190 | 53.2 | Jul 27, 2026 | $134,600 | 2,532 | 1,590 | 72 |
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.