Comparable sales & offer analysis
Parcel MI-880119
Alcona County, MI · 0.65 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,900
Adjusted value
$5,512
Value range
$3,968–$7,055
Comp $/acre
$8,479/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.0% versus the adjusted value.
Offer position
Max allowable offer
$3,149
Offer $/acre
$4,845/ac
Projected profit
$1,653
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 | 6,065 | 83 |
| MI-320405 | 0.8 | Feb 4, 2026 | $3,200 | 4,034 | 5,190 | 80 |
| MI-950894 | 1.1 | Jul 27, 2026 | $8,500 | 7,416 | 6,386 | 79 |
| MI-310091 | 0.6 | Apr 25, 2025 | $6,700 | 10,484 | 9,450 | 78 |
| MI-770510 | 0.9 | May 4, 2025 | $6,600 | 7,611 | 5,632 | 72 |
| MI-371124 | 1.4 | Mar 14, 2025 | $17,500 | 12,936 | 11,799 | 69 |
| MI-920808 | 1.1 | Jun 25, 2025 | $12,200 | 11,311 | 10,174 | 67 |
| MI-791123 | 1.4 | Aug 22, 2024 | $16,900 | 12,516 | 11,121 | 66 |
| MI-701440 | 1.7 | Aug 24, 2024 | $27,500 | 16,165 | 12,393 | 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.