Comparable sales & offer analysis
Parcel MI-866808
Alcona County, MI · 83.18 ac · Recreational · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$339,300
Adjusted value
$490,296
Value range
$393,750–$586,842
Comp $/acre
$5,894/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.8% versus the adjusted value.
Offer position
Max allowable offer
$280,169
Offer $/acre
$3,368/ac
Projected profit
$147,089
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-206579 | 70.5 | Jun 23, 2026 | $461,800 | 6,554 | 6,347 | 84 |
| MI-476556 | 69.3 | Feb 20, 2026 | $436,300 | 6,296 | 6,179 | 81 |
| MI-556057 | 48.3 | Jul 11, 2026 | $234,800 | 4,862 | 5,953 | 80 |
| MI-305885 | 42.6 | Jul 27, 2026 | $228,700 | 5,365 | 3,965 | 75 |
| MI-157953 | 190.7 | Aug 30, 2025 | $635,100 | 3,331 | 5,004 | 71 |
| MI-458366 | 257.2 | Jul 10, 2026 | $1,040,900 | 4,048 | 5,234 | 71 |
| MI-455134 | 24.7 | Dec 2, 2025 | $180,500 | 7,295 | 5,952 | 68 |
| MI-797798 | 170.4 | Sep 4, 2025 | $592,100 | 3,475 | 5,059 | 64 |
| MI-338412 | 265.9 | Jan 22, 2024 | $1,464,900 | 5,510 | 8,326 | 57 |
| MI-305216 | 26.3 | Oct 18, 2024 | $234,300 | 8,927 | 7,708 | 55 |
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.