Comparable sales & offer analysis
Parcel MI-556057
Alcona County, MI · 48.28 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$227,700
Adjusted value
$223,758
Value range
$171,753–$275,763
Comp $/acre
$4,635/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.8% versus the adjusted value.
Offer position
Max allowable offer
$127,862
Offer $/acre
$2,648/ac
Projected profit
$67,127
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-305885 | 42.6 | Jul 27, 2026 | $228,700 | 5,365 | 3,270 | 79 |
| MI-206579 | 70.5 | Jun 23, 2026 | $461,800 | 6,554 | 5,234 | 76 |
| MI-476556 | 69.3 | Feb 20, 2026 | $436,300 | 6,296 | 5,095 | 76 |
| MI-866808 | 83.2 | Dec 17, 2025 | $324,400 | 3,900 | 3,305 | 74 |
| MI-455134 | 24.7 | Dec 2, 2025 | $180,500 | 7,295 | 4,908 | 72 |
| MI-305216 | 26.3 | Oct 18, 2024 | $234,300 | 8,927 | 6,354 | 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.