Comparable sales & offer analysis
Parcel MI-455134
Alcona County, MI · 24.74 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$200,300
Adjusted value
$169,223
Value range
$128,107–$210,338
Comp $/acre
$6,840/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.4% versus the adjusted value.
Offer position
Max allowable offer
$96,699
Offer $/acre
$3,909/ac
Projected profit
$50,767
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-305885 | 42.6 | Jul 27, 2026 | $228,700 | 5,365 | 5,031 | 79 |
| MI-556057 | 48.3 | Jul 11, 2026 | $234,800 | 4,862 | 7,553 | 77 |
| MI-305216 | 26.3 | Oct 18, 2024 | $234,300 | 8,927 | 9,775 | 72 |
| MI-206579 | 70.5 | Jun 23, 2026 | $461,800 | 6,554 | 8,053 | 72 |
| MI-476556 | 69.3 | Feb 20, 2026 | $436,300 | 6,296 | 7,839 | 69 |
| MI-866808 | 83.2 | Dec 17, 2025 | $324,400 | 3,900 | 5,084 | 67 |
| MI-464189 | 12.5 | Sep 5, 2024 | $67,500 | 5,406 | 5,181 | 62 |
| MI-603570 | 8.0 | Dec 13, 2023 | $39,900 | 5,001 | 5,800 | 57 |
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.