Comparable sales & offer analysis
Parcel MI-520712
Newaygo County, MI · 1.00 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$6,800
Adjusted value
$8,595
Value range
$7,175–$10,015
Comp $/acre
$8,595/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.9% versus the adjusted value.
Offer position
Max allowable offer
$4,912
Offer $/acre
$4,912/ac
Projected profit
$2,579
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-651303 | 1.5 | Jul 27, 2026 | $8,000 | 5,174 | 8,881 | 82 |
| MI-420938 | 1.2 | Jul 24, 2025 | $5,100 | 4,335 | 8,982 | 76 |
| MI-583132 | 5.8 | Jul 27, 2026 | $36,200 | 6,240 | 11,023 | 67 |
| MI-521632 | 2.0 | May 15, 2025 | $7,300 | 3,741 | 6,693 | 65 |
| MI-253344 | 6.8 | May 21, 2026 | $33,700 | 4,978 | 7,686 | 63 |
| MI-942911 | 4.9 | Dec 25, 2025 | $25,400 | 5,149 | 9,585 | 60 |
| MI-663626 | 8.3 | Jul 31, 2024 | $40,400 | 4,872 | 6,714 | 49 |
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.