Comparable sales & offer analysis
Parcel MI-305216
Alcona County, MI · 26.25 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$280,300
Adjusted value
$170,229
Value range
$137,215–$203,243
Comp $/acre
$6,485/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +64.7% versus the adjusted value.
Offer position
Max allowable offer
$97,274
Offer $/acre
$3,706/ac
Projected profit
$51,069
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 | 4,972 | 79 |
| MI-455134 | 24.7 | Dec 2, 2025 | $180,500 | 7,295 | 7,463 | 77 |
| MI-556057 | 48.3 | Jul 11, 2026 | $234,800 | 4,862 | 7,465 | 72 |
| MI-206579 | 70.5 | Jun 23, 2026 | $461,800 | 6,554 | 7,959 | 71 |
| MI-476556 | 69.3 | Feb 20, 2026 | $436,300 | 6,296 | 7,747 | 68 |
| MI-464189 | 12.5 | Sep 5, 2024 | $67,500 | 5,406 | 5,121 | 64 |
| MI-866808 | 83.2 | Dec 17, 2025 | $324,400 | 3,900 | 5,025 | 60 |
| MI-603570 | 8.0 | Dec 13, 2023 | $39,900 | 5,001 | 5,733 | 56 |
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.