Comparable sales & offer analysis
Parcel MI-908964
Montcalm County, MI · 397 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,698,000
Adjusted value
$1,689,987
Value range
$1,373,984–$2,005,991
Comp $/acre
$4,261/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.5% versus the adjusted value.
Offer position
Max allowable offer
$965,707
Offer $/acre
$2,435/ac
Projected profit
$506,996
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 | 3,027 | 91 |
| MI-198488 | 280.9 | Jul 27, 2026 | $1,338,800 | 4,766 | 4,328 | 84 |
| MI-567778 | 168.0 | Jul 13, 2026 | $714,900 | 4,256 | 3,361 | 77 |
| MI-478897 | 377.8 | Apr 30, 2024 | $772,200 | 2,044 | 3,841 | 74 |
| MI-118215 | 230.5 | Sep 10, 2025 | $1,141,700 | 4,953 | 5,138 | 73 |
| MI-368819 | 357.0 | Oct 2, 2024 | $889,000 | 2,490 | 4,527 | 72 |
| MI-769451 | 564.4 | Jul 3, 2024 | $2,310,900 | 4,095 | 5,795 | 71 |
| MI-588656 | 317.3 | Aug 12, 2024 | $848,400 | 2,674 | 4,721 | 69 |
| MI-917304 | 119.2 | Jul 18, 2025 | $351,400 | 2,949 | 3,830 | 67 |
| MI-729730 | 690.8 | Feb 16, 2024 | $2,455,700 | 3,555 | 4,450 | 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.
