Comparable sales & offer analysis
Parcel MI-372526
Alcona County, MI · 3.74 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$31,100
Adjusted value
$48,109
Value range
$38,407–$57,811
Comp $/acre
$12,863/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -35.4% versus the adjusted value.
Offer position
Max allowable offer
$27,491
Offer $/acre
$7,351/ac
Projected profit
$14,433
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 | 11,127 | 92 |
| MI-412588 | 3.9 | Jul 27, 2026 | $34,600 | 8,861 | 12,837 | 84 |
| MI-851847 | 2.3 | Jun 18, 2025 | $16,700 | 7,286 | 8,807 | 72 |
| MI-950894 | 1.1 | Jul 27, 2026 | $8,500 | 7,416 | 8,888 | 71 |
| MI-752096 | 2.7 | Jul 26, 2025 | $22,100 | 8,083 | 14,029 | 71 |
| MI-192914 | 5.0 | Oct 2, 2024 | $41,100 | 8,305 | 13,070 | 70 |
| MI-492945 | 5.1 | Dec 14, 2024 | $38,000 | 7,493 | 13,620 | 69 |
| MI-920808 | 1.1 | Jun 25, 2025 | $12,200 | 11,311 | 14,161 | 65 |
| MI-701440 | 1.7 | Aug 24, 2024 | $27,500 | 16,165 | 17,250 | 64 |
| MI-371124 | 1.4 | Mar 14, 2025 | $17,500 | 12,936 | 16,423 | 62 |
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.