Comparable sales & offer analysis
Parcel MI-663626
Newaygo County, MI · 8.30 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$47,800
Adjusted value
$57,385
Value range
$45,859–$68,910
Comp $/acre
$6,914/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.7% versus the adjusted value.
Offer position
Max allowable offer
$32,791
Offer $/acre
$3,951/ac
Projected profit
$17,215
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-253344 | 6.8 | May 21, 2026 | $33,700 | 4,978 | 6,054 | 78 |
| MI-583132 | 5.8 | Jul 27, 2026 | $36,200 | 6,240 | 8,682 | 76 |
| MI-942911 | 4.9 | Dec 25, 2025 | $25,400 | 5,149 | 7,550 | 75 |
| MI-624530 | 16.0 | Oct 4, 2024 | $44,200 | 2,770 | 4,656 | 65 |
| MI-305205 | 26.0 | Mar 16, 2025 | $77,300 | 2,968 | 7,498 | 56 |
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.