Comparable sales & offer analysis
Parcel MI-368819
Montcalm County, MI · 357 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,020,700
Adjusted value
$897,646
Value range
$733,028–$1,062,263
Comp $/acre
$2,514/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +13.7% versus the adjusted value.
Offer position
Max allowable offer
$512,940
Offer $/acre
$1,437/ac
Projected profit
$269,294
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-628854 | 366.2 | May 1, 2026 | $948,000 | 2,589 | 1,805 | 83 |
| MI-198488 | 280.9 | Jul 27, 2026 | $1,338,800 | 4,766 | 2,580 | 81 |
| MI-567778 | 168.0 | Jul 13, 2026 | $714,900 | 4,256 | 2,004 | 74 |
| MI-118215 | 230.5 | Sep 10, 2025 | $1,141,700 | 4,953 | 3,064 | 74 |
| MI-588656 | 317.3 | Aug 12, 2024 | $848,400 | 2,674 | 2,815 | 73 |
| MI-478897 | 377.8 | Apr 30, 2024 | $772,200 | 2,044 | 2,290 | 73 |
| MI-908964 | 396.6 | Jan 4, 2025 | $1,543,500 | 3,892 | 2,491 | 73 |
| MI-917161 | 107.4 | Nov 2, 2025 | $460,300 | 4,285 | 2,526 | 67 |
| MI-917304 | 119.2 | Jul 18, 2025 | $351,400 | 2,949 | 2,284 | 65 |
| MI-769451 | 564.4 | Jul 3, 2024 | $2,310,900 | 4,095 | 3,456 | 65 |
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.