Comparable sales & offer analysis
Parcel MI-669330
Alcona County, MI · 517 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,485,700
Adjusted value
$2,327,962
Value range
$1,881,536–$2,774,388
Comp $/acre
$4,503/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -36.2% versus the adjusted value.
Offer position
Max allowable offer
$1,330,264
Offer $/acre
$2,573/ac
Projected profit
$698,389
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-958920 | 384.1 | Jul 27, 2026 | $1,817,500 | 4,731 | 4,362 | 89 |
| MI-579975 | 824.9 | Apr 23, 2025 | $2,407,000 | 2,918 | 4,152 | 75 |
| MI-389875 | 767.3 | Feb 20, 2025 | $3,546,200 | 4,622 | 5,568 | 75 |
| MI-458366 | 257.2 | Jul 10, 2026 | $1,040,900 | 4,048 | 3,867 | 73 |
| MI-338412 | 265.9 | Jan 22, 2024 | $1,464,900 | 5,510 | 6,148 | 62 |
| MI-157953 | 190.7 | Aug 30, 2025 | $635,100 | 3,331 | 3,696 | 62 |
| MI-797798 | 170.4 | Sep 4, 2025 | $592,100 | 3,475 | 3,737 | 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.