Comparable sales & offer analysis
Parcel MI-763234
Kent County, MI · 6.25 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$37,200
Adjusted value
$36,027
Value range
$28,852–$43,203
Comp $/acre
$5,764/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.3% versus the adjusted value.
Offer position
Max allowable offer
$20,587
Offer $/acre
$3,294/ac
Projected profit
$10,808
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-473119 | 5.8 | Aug 16, 2025 | $34,300 | 5,960 | 5,924 | 80 |
| MI-252674 | 4.2 | May 6, 2026 | $32,800 | 7,884 | 5,466 | 75 |
| MI-803096 | 5.7 | Nov 28, 2024 | $26,500 | 4,699 | 6,890 | 73 |
| MI-922328 | 3.2 | Jul 27, 2026 | $14,100 | 4,358 | 5,150 | 73 |
| MI-782687 | 4.2 | Mar 11, 2025 | $18,200 | 4,332 | 6,664 | 72 |
| MI-832502 | 3.7 | Jun 22, 2025 | $13,700 | 3,717 | 4,501 | 72 |
| MI-313996 | 10.8 | May 14, 2025 | $30,000 | 2,768 | 3,581 | 70 |
| MI-712712 | 4.3 | Nov 6, 2024 | $26,700 | 6,228 | 6,588 | 68 |
| MI-644893 | 20.8 | Jul 27, 2026 | $82,000 | 3,946 | 7,663 | 67 |
| MI-503905 | 10.2 | Dec 6, 2023 | $48,600 | 4,780 | 5,267 | 63 |
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.