Comparable sales & offer analysis
Parcel MI-305885
Alcona County, MI · 42.62 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$223,300
Adjusted value
$335,698
Value range
$268,764–$402,631
Comp $/acre
$7,877/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.5% versus the adjusted value.
Offer position
Max allowable offer
$191,827
Offer $/acre
$4,501/ac
Projected profit
$100,709
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-556057 | 48.3 | Jul 11, 2026 | $234,800 | 4,862 | 8,072 | 80 |
| MI-206579 | 70.5 | Jun 23, 2026 | $461,800 | 6,554 | 8,607 | 78 |
| MI-476556 | 69.3 | Feb 20, 2026 | $436,300 | 6,296 | 8,378 | 77 |
| MI-455134 | 24.7 | Dec 2, 2025 | $180,500 | 7,295 | 8,071 | 75 |
| MI-866808 | 83.2 | Dec 17, 2025 | $324,400 | 3,900 | 5,435 | 69 |
| MI-305216 | 26.3 | Oct 18, 2024 | $234,300 | 8,927 | 10,451 | 68 |
| MI-464189 | 12.5 | Sep 5, 2024 | $67,500 | 5,406 | 5,540 | 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.