Comparable sales & offer analysis
Parcel MI-110722
Kent County, MI · 1.01 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,700
Adjusted value
$5,402
Value range
$4,669–$6,135
Comp $/acre
$5,348/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.0% versus the adjusted value.
Offer position
Max allowable offer
$3,087
Offer $/acre
$3,056/ac
Projected profit
$1,621
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-610909 | 1.2 | Jan 1, 2026 | $6,200 | 5,351 | 5,665 | 77 |
| MI-922328 | 3.2 | Jul 27, 2026 | $14,100 | 4,358 | 4,602 | 70 |
| MI-832502 | 3.7 | Jun 22, 2025 | $13,700 | 3,717 | 4,022 | 66 |
| MI-460003 | 0.6 | May 16, 2025 | $4,100 | 6,890 | 5,881 | 65 |
| MI-252674 | 4.2 | May 6, 2026 | $32,800 | 7,884 | 4,884 | 63 |
| MI-782687 | 4.2 | Mar 11, 2025 | $18,200 | 4,332 | 5,955 | 58 |
| MI-712712 | 4.3 | Nov 6, 2024 | $26,700 | 6,228 | 5,887 | 56 |
| MI-803096 | 5.7 | Nov 28, 2024 | $26,500 | 4,699 | 6,156 | 55 |
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.