Comparable sales & offer analysis
Parcel MI-118215
Montcalm County, MI · 231 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,071,000
Adjusted value
$1,009,868
Value range
$803,594–$1,216,142
Comp $/acre
$4,381/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
$577,067
Offer $/acre
$2,503/ac
Projected profit
$302,960
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 | 3,384 | 87 |
| MI-198488 | 280.9 | Jul 27, 2026 | $1,338,800 | 4,766 | 4,358 | 81 |
| MI-628854 | 366.2 | May 1, 2026 | $948,000 | 2,589 | 3,049 | 76 |
| MI-368819 | 357.0 | Oct 2, 2024 | $889,000 | 2,490 | 4,559 | 70 |
| MI-908964 | 396.6 | Jan 4, 2025 | $1,543,500 | 3,892 | 4,207 | 70 |
| MI-917161 | 107.4 | Nov 2, 2025 | $460,300 | 4,285 | 4,266 | 70 |
| MI-917304 | 119.2 | Jul 18, 2025 | $351,400 | 2,949 | 3,857 | 69 |
| MI-588656 | 317.3 | Aug 12, 2024 | $848,400 | 2,674 | 4,754 | 68 |
| MI-757645 | 152.5 | Dec 1, 2024 | $813,900 | 5,336 | 6,035 | 67 |
| MI-769451 | 564.4 | Jul 3, 2024 | $2,310,900 | 4,095 | 5,836 | 67 |
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.