Comparable sales & offer analysis
Parcel MI-198488
Montcalm County, MI · 281 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,336,100
Adjusted value
$1,323,855
Value range
$1,067,877–$1,579,832
Comp $/acre
$4,713/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.9% versus the adjusted value.
Offer position
Max allowable offer
$756,488
Offer $/acre
$2,693/ac
Projected profit
$397,156
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 | 3,360 | 86 |
| MI-567778 | 168.0 | Jul 13, 2026 | $714,900 | 4,256 | 3,730 | 75 |
| MI-118215 | 230.5 | Sep 10, 2025 | $1,141,700 | 4,953 | 5,702 | 74 |
| MI-588656 | 317.3 | Aug 12, 2024 | $848,400 | 2,674 | 5,240 | 74 |
| MI-908964 | 396.6 | Jan 4, 2025 | $1,543,500 | 3,892 | 4,636 | 74 |
| MI-478897 | 377.8 | Apr 30, 2024 | $772,200 | 2,044 | 4,263 | 74 |
| MI-917304 | 119.2 | Jul 18, 2025 | $351,400 | 2,949 | 4,251 | 71 |
| MI-368819 | 357.0 | Oct 2, 2024 | $889,000 | 2,490 | 5,024 | 71 |
| MI-917161 | 107.4 | Nov 2, 2025 | $460,300 | 4,285 | 4,702 | 66 |
| MI-757645 | 152.5 | Dec 1, 2024 | $813,900 | 5,336 | 6,651 | 66 |
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.