Comparable sales & offer analysis
Parcel MI-338412
Alcona County, MI · 266 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,642,300
Adjusted value
$1,029,591
Value range
$832,166–$1,227,016
Comp $/acre
$3,873/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +59.5% versus the adjusted value.
Offer position
Max allowable offer
$588,338
Offer $/acre
$2,213/ac
Projected profit
$308,877
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-458366 | 257.2 | Jul 10, 2026 | $1,040,900 | 4,048 | 3,837 | 90 |
| MI-958920 | 384.1 | Jul 27, 2026 | $1,817,500 | 4,731 | 4,328 | 84 |
| MI-157953 | 190.7 | Aug 30, 2025 | $635,100 | 3,331 | 3,669 | 77 |
| MI-669330 | 517.0 | Jul 27, 2026 | $1,527,300 | 2,954 | 2,954 | 76 |
| MI-797798 | 170.4 | Sep 4, 2025 | $592,100 | 3,475 | 3,709 | 72 |
| MI-389875 | 767.3 | Feb 20, 2025 | $3,546,200 | 4,622 | 5,527 | 65 |
| MI-866808 | 83.2 | Dec 17, 2025 | $324,400 | 3,900 | 2,938 | 65 |
| MI-579975 | 824.9 | Apr 23, 2025 | $2,407,000 | 2,918 | 4,121 | 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.