Comparable sales & offer analysis
Parcel MI-950894
Alcona County, MI · 1.15 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$9,200
Adjusted value
$11,599
Value range
$8,575–$14,623
Comp $/acre
$10,086/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.7% versus the adjusted value.
Offer position
Max allowable offer
$6,628
Offer $/acre
$5,763/ac
Projected profit
$3,480
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 | 7,099 | 87 |
| MI-920808 | 1.1 | Jun 25, 2025 | $12,200 | 11,311 | 11,908 | 78 |
| MI-320405 | 0.8 | Feb 4, 2026 | $3,200 | 4,034 | 6,074 | 78 |
| MI-371124 | 1.4 | Mar 14, 2025 | $17,500 | 12,936 | 13,810 | 77 |
| MI-412588 | 3.9 | Jul 27, 2026 | $34,600 | 8,861 | 10,795 | 75 |
| MI-770510 | 0.9 | May 4, 2025 | $6,600 | 7,611 | 6,591 | 74 |
| MI-310091 | 0.6 | Apr 25, 2025 | $6,700 | 10,484 | 11,060 | 73 |
| MI-791123 | 1.4 | Aug 22, 2024 | $16,900 | 12,516 | 13,016 | 72 |
| MI-852593 | 3.9 | Jul 27, 2026 | $43,300 | 11,021 | 9,357 | 71 |
| MI-880119 | 0.7 | Mar 2, 2025 | $6,100 | 9,440 | 11,786 | 70 |
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.