Comparable sales & offer analysis
Parcel MI-701440
Alcona County, MI · 1.70 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$25,900
Adjusted value
$20,375
Value range
$15,084–$25,666
Comp $/acre
$11,985/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.1% versus the adjusted value.
Offer position
Max allowable offer
$11,643
Offer $/acre
$6,849/ac
Projected profit
$6,112
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-950894 | 1.1 | Jul 27, 2026 | $8,500 | 7,416 | 9,067 | 81 |
| MI-851847 | 2.3 | Jun 18, 2025 | $16,700 | 7,286 | 8,985 | 75 |
| MI-371124 | 1.4 | Mar 14, 2025 | $17,500 | 12,936 | 16,754 | 75 |
| MI-852593 | 3.9 | Jul 27, 2026 | $43,300 | 11,021 | 11,352 | 75 |
| MI-412588 | 3.9 | Jul 27, 2026 | $34,600 | 8,861 | 13,096 | 74 |
| MI-752096 | 2.7 | Jul 26, 2025 | $22,100 | 8,083 | 14,311 | 73 |
| MI-370484 | 0.8 | Jul 27, 2026 | $5,200 | 6,076 | 8,612 | 73 |
| MI-791123 | 1.4 | Aug 22, 2024 | $16,900 | 12,516 | 15,790 | 72 |
| MI-372526 | 3.7 | Apr 6, 2026 | $27,900 | 7,451 | 7,758 | 72 |
| MI-920808 | 1.1 | Jun 25, 2025 | $12,200 | 11,311 | 14,446 | 71 |
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.