Comparable sales & offer analysis
Parcel MI-206579
Alcona County, MI · 70.47 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$444,500
Adjusted value
$399,352
Value range
$314,922–$483,782
Comp $/acre
$5,667/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.3% versus the adjusted value.
Offer position
Max allowable offer
$228,201
Offer $/acre
$3,238/ac
Projected profit
$119,806
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-866808 | 83.2 | Dec 17, 2025 | $324,400 | 3,900 | 4,186 | 78 |
| MI-476556 | 69.3 | Feb 20, 2026 | $436,300 | 6,296 | 6,454 | 78 |
| MI-305885 | 42.6 | Jul 27, 2026 | $228,700 | 5,365 | 4,142 | 78 |
| MI-556057 | 48.3 | Jul 11, 2026 | $234,800 | 4,862 | 6,219 | 77 |
| MI-455134 | 24.7 | Dec 2, 2025 | $180,500 | 7,295 | 6,217 | 68 |
| MI-797798 | 170.4 | Sep 4, 2025 | $592,100 | 3,475 | 5,284 | 67 |
| MI-157953 | 190.7 | Aug 30, 2025 | $635,100 | 3,331 | 5,227 | 62 |
| MI-305216 | 26.3 | Oct 18, 2024 | $234,300 | 8,927 | 8,049 | 62 |
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.