Comparable sales & offer analysis
Parcel MI-225381
Montcalm County, MI · 29.59 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$309,400
Adjusted value
$286,964
Value range
$231,149–$342,779
Comp $/acre
$9,698/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.8% versus the adjusted value.
Offer position
Max allowable offer
$163,980
Offer $/acre
$5,542/ac
Projected profit
$86,089
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 | 7,658 | 81 |
| MI-196007 | 46.6 | Jul 27, 2026 | $299,700 | 6,437 | 8,576 | 78 |
| MI-304806 | 19.5 | Apr 14, 2025 | $107,100 | 5,488 | 7,882 | 74 |
| MI-963840 | 9.7 | Jun 17, 2026 | $85,100 | 8,778 | 9,520 | 69 |
| MI-316268 | 56.3 | Jul 4, 2024 | $350,100 | 6,223 | 10,877 | 64 |
| MI-234626 | 17.1 | Mar 21, 2024 | $154,000 | 8,995 | 13,252 | 62 |
| MI-907015 | 96.6 | Jan 24, 2025 | $565,700 | 5,854 | 11,453 | 58 |
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.