Comparable sales & offer analysis
Parcel MI-196007
Montcalm County, MI · 46.56 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$278,300
Adjusted value
$369,379
Value range
$294,693–$444,065
Comp $/acre
$7,933/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.7% versus the adjusted value.
Offer position
Max allowable offer
$211,074
Offer $/acre
$4,533/ac
Projected profit
$110,814
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 | 5,793 | 81 |
| MI-316268 | 56.3 | Jul 4, 2024 | $350,100 | 6,223 | 8,228 | 71 |
| MI-907015 | 96.6 | Jan 24, 2025 | $565,700 | 5,854 | 8,664 | 68 |
| MI-917161 | 107.4 | Nov 2, 2025 | $460,300 | 4,285 | 7,340 | 68 |
| MI-304806 | 19.5 | Apr 14, 2025 | $107,100 | 5,488 | 5,963 | 67 |
| MI-225381 | 29.6 | Apr 2, 2024 | $332,300 | 11,230 | 9,389 | 66 |
| MI-917304 | 119.2 | Jul 18, 2025 | $351,400 | 2,949 | 6,637 | 62 |
| MI-757645 | 152.5 | Dec 1, 2024 | $813,900 | 5,336 | 10,383 | 58 |
| MI-234626 | 17.1 | Mar 21, 2024 | $154,000 | 8,995 | 10,025 | 57 |
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.