Comparable sales & offer analysis
Parcel MI-851847
Alcona County, MI · 2.29 ac · Residential · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$19,400
Adjusted value
$23,905
Value range
$17,212–$30,598
Comp $/acre
$10,439/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.8% versus the adjusted value.
Offer position
Max allowable offer
$13,660
Offer $/acre
$5,965/ac
Projected profit
$7,171
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-752096 | 2.7 | Jul 26, 2025 | $22,100 | 8,083 | 12,235 | 82 |
| MI-852593 | 3.9 | Jul 27, 2026 | $43,300 | 11,021 | 9,705 | 79 |
| MI-372526 | 3.7 | Apr 6, 2026 | $27,900 | 7,451 | 6,633 | 77 |
| MI-950894 | 1.1 | Jul 27, 2026 | $8,500 | 7,416 | 7,752 | 72 |
| MI-701440 | 1.7 | Aug 24, 2024 | $27,500 | 16,165 | 15,045 | 72 |
| MI-412588 | 3.9 | Jul 27, 2026 | $34,600 | 8,861 | 11,196 | 72 |
| MI-370484 | 0.8 | Jul 27, 2026 | $5,200 | 6,076 | 7,363 | 70 |
| MI-791123 | 1.4 | Aug 22, 2024 | $16,900 | 12,516 | 13,500 | 69 |
| MI-770510 | 0.9 | May 4, 2025 | $6,600 | 7,611 | 6,836 | 66 |
| MI-371124 | 1.4 | Mar 14, 2025 | $17,500 | 12,936 | 14,323 | 66 |
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.