Comparable sales & offer analysis
Parcel MI-412588
Alcona County, MI · 3.91 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$34,200
Adjusted value
$32,021
Value range
$23,301–$40,741
Comp $/acre
$8,190/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.8% versus the adjusted value.
Offer position
Max allowable offer
$18,298
Offer $/acre
$4,680/ac
Projected profit
$9,606
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-852593 | 3.9 | Jul 27, 2026 | $43,300 | 11,021 | 7,740 | 85 |
| MI-372526 | 3.7 | Apr 6, 2026 | $27,900 | 7,451 | 5,290 | 82 |
| MI-192914 | 5.0 | Oct 2, 2024 | $41,100 | 8,305 | 9,091 | 81 |
| MI-492945 | 5.1 | Dec 14, 2024 | $38,000 | 7,493 | 9,474 | 77 |
| MI-950894 | 1.1 | Jul 27, 2026 | $8,500 | 7,416 | 6,182 | 75 |
| MI-752096 | 2.7 | Jul 26, 2025 | $22,100 | 8,083 | 9,758 | 70 |
| MI-603570 | 8.0 | Dec 13, 2023 | $39,900 | 5,001 | 5,729 | 66 |
| MI-851847 | 2.3 | Jun 18, 2025 | $16,700 | 7,286 | 6,126 | 64 |
| MI-701440 | 1.7 | Aug 24, 2024 | $27,500 | 16,165 | 11,999 | 63 |
| MI-371124 | 1.4 | Mar 14, 2025 | $17,500 | 12,936 | 11,423 | 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.