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
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| MI-135653 | 36.0 | Jul 27, 2026 | $217,200 | 6,027 | 5,752 | 77 |
| MI-304806 | 19.5 | Apr 14, 2025 | $107,100 | 5,488 | 5,920 | 76 |
| MI-963840 | 9.7 | Jun 17, 2026 | $85,100 | 8,778 | 7,150 | 74 |
| MI-196007 | 46.6 | Jul 27, 2026 | $299,700 | 6,437 | 6,441 | 69 |
| MI-225381 | 29.6 | Apr 2, 2024 | $332,300 | 11,230 | 9,322 | 62 |
| MI-316268 | 56.3 | Jul 4, 2024 | $350,100 | 6,223 | 8,169 | 54 |
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.
