Comparable sales & offer analysis
Parcel MI-137890
Kent County, MI · 182 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$770,600
Adjusted value
$620,539
Value range
$477,697–$763,380
Comp $/acre
$3,407/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.2% versus the adjusted value.
Offer position
Max allowable offer
$354,594
Offer $/acre
$1,947/ac
Projected profit
$186,162
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-678085 | 209.8 | Jul 27, 2026 | $985,000 | 4,695 | 4,893 | 93 |
| MI-157946 | 189.7 | Jul 27, 2026 | $641,000 | 3,379 | 2,379 | 92 |
| MI-338370 | 257.9 | Jul 27, 2026 | $588,000 | 2,280 | 2,519 | 84 |
| MI-657792 | 169.7 | Jul 6, 2025 | $374,000 | 2,204 | 2,631 | 83 |
| MI-177917 | 185.8 | Jul 5, 2025 | $632,100 | 3,403 | 4,164 | 80 |
| MI-307786 | 168.9 | Dec 11, 2025 | $629,800 | 3,728 | 3,745 | 78 |
| MI-157848 | 176.7 | Apr 24, 2025 | $445,000 | 2,518 | 3,064 | 76 |
| MI-196352 | 59.8 | Jul 27, 2026 | $333,300 | 5,575 | 3,596 | 74 |
| MI-427935 | 188.2 | Feb 29, 2024 | $665,000 | 3,534 | 3,750 | 73 |
| MI-426696 | 76.7 | Jul 27, 2026 | $334,400 | 4,360 | 3,342 | 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.