Comparable sales & offer analysis
Parcel MI-464189
Alcona County, MI · 12.48 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$80,900
Adjusted value
$108,390
Value range
$83,403–$133,376
Comp $/acre
$8,685/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.4% versus the adjusted value.
Offer position
Max allowable offer
$61,937
Offer $/acre
$4,963/ac
Projected profit
$32,517
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-852593 | 3.9 | Jul 27, 2026 | $43,300 | 11,021 | 8,890 | 72 |
| MI-603570 | 8.0 | Dec 13, 2023 | $39,900 | 5,001 | 6,580 | 71 |
| MI-412588 | 3.9 | Jul 27, 2026 | $34,600 | 8,861 | 10,256 | 70 |
| MI-372526 | 3.7 | Apr 6, 2026 | $27,900 | 7,451 | 6,076 | 69 |
| MI-492945 | 5.1 | Dec 14, 2024 | $38,000 | 7,493 | 10,881 | 68 |
| MI-305885 | 42.6 | Jul 27, 2026 | $228,700 | 5,365 | 5,708 | 67 |
| MI-455134 | 24.7 | Dec 2, 2025 | $180,500 | 7,295 | 8,566 | 67 |
| MI-305216 | 26.3 | Oct 18, 2024 | $234,300 | 8,927 | 11,090 | 65 |
| MI-192914 | 5.0 | Oct 2, 2024 | $41,100 | 8,305 | 10,441 | 63 |
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.