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Comparable sales & offer analysis

Parcel MI-234626

Montcalm County, MI · 17.12 ac · Residential · Gravel · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$167,200
Adjusted value
$119,892
Value range
$98,575–$141,210
Comp $/acre
$7,003/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +39.5% versus the adjusted value.

Offer position

Max allowable offer
$68,510
Offer $/acre
$4,002/ac
Projected profit
$35,968
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MI-13565336.0Jul 27, 2026$217,2006,0275,75277
MI-30480619.5Apr 14, 2025$107,1005,4885,92076
MI-9638409.7Jun 17, 2026$85,1008,7787,15074
MI-19600746.6Jul 27, 2026$299,7006,4376,44169
MI-22538129.6Apr 2, 2024$332,30011,2309,32262
MI-31626856.3Jul 4, 2024$350,1006,2238,16954
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.