Comparable sales & offer analysis
Parcel MI-922328
Kent County, MI · 3.24 ac · Mixed Use · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$17,200
Adjusted value
$15,467
Value range
$12,669–$18,265
Comp $/acre
$4,774/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.2% versus the adjusted value.
Offer position
Max allowable offer
$8,838
Offer $/acre
$2,728/ac
Projected profit
$4,640
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-252674 | 4.2 | May 6, 2026 | $32,800 | 7,884 | 4,637 | 78 |
| MI-782687 | 4.2 | Mar 11, 2025 | $18,200 | 4,332 | 5,655 | 74 |
| MI-832502 | 3.7 | Jun 22, 2025 | $13,700 | 3,717 | 3,819 | 72 |
| MI-712712 | 4.3 | Nov 6, 2024 | $26,700 | 6,228 | 5,590 | 70 |
| MI-763234 | 6.3 | Dec 27, 2025 | $33,400 | 5,351 | 4,685 | 69 |
| MI-473119 | 5.8 | Aug 16, 2025 | $34,300 | 5,960 | 5,026 | 67 |
| MI-610909 | 1.2 | Jan 1, 2026 | $6,200 | 5,351 | 5,378 | 66 |
| MI-803096 | 5.7 | Nov 28, 2024 | $26,500 | 4,699 | 5,846 | 66 |
| MI-110722 | 1.0 | Nov 23, 2025 | $3,900 | 3,895 | 3,831 | 66 |
| MI-313996 | 10.8 | May 14, 2025 | $30,000 | 2,768 | 3,038 | 59 |
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.