Comparable sales & offer analysis
Parcel MI-628415
Kent County, MI · 266 ac · Unzoned · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$650,500
Adjusted value
$842,078
Value range
$644,803–$1,039,354
Comp $/acre
$3,160/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.8% versus the adjusted value.
Offer position
Max allowable offer
$481,188
Offer $/acre
$1,806/ac
Projected profit
$252,623
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-338370 | 257.9 | Jul 27, 2026 | $588,000 | 2,280 | 2,388 | 82 |
| MI-157946 | 189.7 | Jul 27, 2026 | $641,000 | 3,379 | 2,255 | 80 |
| MI-859130 | 447.3 | Apr 23, 2026 | $662,700 | 1,482 | 2,523 | 79 |
| MI-648348 | 253.8 | Mar 29, 2025 | $536,700 | 2,114 | 3,183 | 79 |
| MI-678085 | 209.8 | Jul 27, 2026 | $985,000 | 4,695 | 4,638 | 78 |
| MI-426696 | 76.7 | Jul 27, 2026 | $334,400 | 4,360 | 3,168 | 75 |
| MI-137890 | 182.2 | Jan 27, 2026 | $675,000 | 3,706 | 3,593 | 74 |
| MI-657792 | 169.7 | Jul 6, 2025 | $374,000 | 2,204 | 2,494 | 74 |
| MI-427935 | 188.2 | Feb 29, 2024 | $665,000 | 3,534 | 3,553 | 74 |
| MI-177917 | 185.8 | Jul 5, 2025 | $632,100 | 3,403 | 3,947 | 71 |
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.