Comparable sales & offer analysis
Parcel MI-917304
Montcalm County, MI · 119 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$381,500
Adjusted value
$406,109
Value range
$321,753–$490,466
Comp $/acre
$3,408/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.1% versus the adjusted value.
Offer position
Max allowable offer
$232,063
Offer $/acre
$1,948/ac
Projected profit
$121,833
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-567778 | 168.0 | Jul 13, 2026 | $714,900 | 4,256 | 2,719 | 80 |
| MI-917161 | 107.4 | Nov 2, 2025 | $460,300 | 4,285 | 3,427 | 79 |
| MI-198488 | 280.9 | Jul 27, 2026 | $1,338,800 | 4,766 | 3,501 | 79 |
| MI-628854 | 366.2 | May 1, 2026 | $948,000 | 2,589 | 2,449 | 75 |
| MI-135653 | 36.0 | Jul 27, 2026 | $217,200 | 6,027 | 2,705 | 73 |
| MI-907015 | 96.6 | Jan 24, 2025 | $565,700 | 5,854 | 4,046 | 72 |
| MI-757645 | 152.5 | Dec 1, 2024 | $813,900 | 5,336 | 4,848 | 69 |
| MI-118215 | 230.5 | Sep 10, 2025 | $1,141,700 | 4,953 | 4,157 | 69 |
| MI-196007 | 46.6 | Jul 27, 2026 | $299,700 | 6,437 | 3,029 | 69 |
| MI-908964 | 396.6 | Jan 4, 2025 | $1,543,500 | 3,892 | 3,380 | 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.