Comparable sales & offer analysis
Parcel MI-880119
Alcona County, MI · 0.65 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$5,900
Adjusted value
$5,478
Value range
$3,944–$7,012
Comp $/acre
$8,427/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.7% versus the adjusted value.
Offer position
Max allowable offer
$3,130
Offer $/acre
$4,816/ac
Projected profit
$1,643
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-370484 | 0.8 | Jul 27, 2026 | $5,200 | 6,076 | 6,032 | 84 |
| MI-950894 | 1.1 | Jul 27, 2026 | $8,500 | 7,416 | 6,350 | 81 |
| MI-320405 | 0.8 | Feb 4, 2026 | $3,200 | 4,034 | 5,162 | 81 |
| MI-310091 | 0.6 | Apr 25, 2025 | $6,700 | 10,484 | 9,400 | 79 |
| MI-770510 | 0.9 | May 4, 2025 | $6,600 | 7,611 | 5,602 | 73 |
| MI-371124 | 1.4 | Mar 14, 2025 | $17,500 | 12,936 | 11,737 | 70 |
| MI-920808 | 1.1 | Jun 25, 2025 | $12,200 | 11,311 | 10,120 | 68 |
| MI-791123 | 1.4 | Aug 22, 2024 | $16,900 | 12,516 | 11,064 | 67 |
| MI-701440 | 1.7 | Aug 24, 2024 | $27,500 | 16,165 | 12,330 | 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.