Comparable sales & offer analysis
Parcel MI-478897
Montcalm County, MI · 378 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$850,400
Adjusted value
$978,981
Value range
$779,931–$1,178,030
Comp $/acre
$2,591/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.1% versus the adjusted value.
Offer position
Max allowable offer
$559,418
Offer $/acre
$1,481/ac
Projected profit
$293,694
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 | 1,775 | 88 |
| MI-198488 | 280.9 | Jul 27, 2026 | $1,338,800 | 4,766 | 2,538 | 86 |
| MI-908964 | 396.6 | Jan 4, 2025 | $1,543,500 | 3,892 | 2,449 | 77 |
| MI-588656 | 317.3 | Aug 12, 2024 | $848,400 | 2,674 | 2,768 | 76 |
| MI-368819 | 357.0 | Oct 2, 2024 | $889,000 | 2,490 | 2,655 | 74 |
| MI-567778 | 168.0 | Jul 13, 2026 | $714,900 | 4,256 | 1,971 | 69 |
| MI-917304 | 119.2 | Jul 18, 2025 | $351,400 | 2,949 | 2,246 | 68 |
| MI-118215 | 230.5 | Sep 10, 2025 | $1,141,700 | 4,953 | 3,013 | 67 |
| MI-769451 | 564.4 | Jul 3, 2024 | $2,310,900 | 4,095 | 3,398 | 63 |
| MI-757645 | 152.5 | Dec 1, 2024 | $813,900 | 5,336 | 3,514 | 61 |
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.