Comparable sales & offer analysis
Parcel MI-520712
Newaygo County, MI · 1.00 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$6,800
Adjusted value
$8,552
Value range
$7,140–$9,964
Comp $/acre
$8,552/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.5% versus the adjusted value.
Offer position
Max allowable offer
$4,887
Offer $/acre
$4,887/ac
Projected profit
$2,566
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 | 8,831 | 83 |
| MI-420938 | 1.2 | Jul 24, 2025 | $5,100 | 4,335 | 8,934 | 77 |
| MI-583132 | 5.8 | Jul 27, 2026 | $36,200 | 6,240 | 10,961 | 68 |
| MI-521632 | 2.0 | May 15, 2025 | $7,300 | 3,741 | 6,657 | 66 |
| MI-253344 | 6.8 | May 21, 2026 | $33,700 | 4,978 | 7,643 | 64 |
| MI-942911 | 4.9 | Dec 25, 2025 | $25,400 | 5,149 | 9,532 | 61 |
| MI-663626 | 8.3 | Jul 31, 2024 | $40,400 | 4,872 | 6,679 | 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.