Comparable sales & offer analysis
Parcel MI-770510
Alcona County, MI · 0.87 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$7,000
Adjusted value
$10,898
Value range
$7,847–$13,950
Comp $/acre
$12,527/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -35.8% versus the adjusted value.
Offer position
Max allowable offer
$6,228
Offer $/acre
$7,158/ac
Projected profit
$3,269
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-370484 | 0.8 | Jul 27, 2026 | $5,200 | 6,076 | 8,685 | 83 |
| MI-320405 | 0.8 | Feb 4, 2026 | $3,200 | 4,034 | 7,432 | 83 |
| MI-950894 | 1.1 | Jul 27, 2026 | $8,500 | 7,416 | 9,145 | 82 |
| MI-920808 | 1.1 | Jun 25, 2025 | $12,200 | 11,311 | 14,570 | 75 |
| MI-310091 | 0.6 | Apr 25, 2025 | $6,700 | 10,484 | 13,532 | 75 |
| MI-880119 | 0.7 | Mar 2, 2025 | $6,100 | 9,440 | 14,421 | 71 |
| MI-371124 | 1.4 | Mar 14, 2025 | $17,500 | 12,936 | 16,896 | 71 |
| MI-791123 | 1.4 | Aug 22, 2024 | $16,900 | 12,516 | 15,925 | 69 |
| MI-851847 | 2.3 | Jun 18, 2025 | $16,700 | 7,286 | 9,061 | 67 |
| MI-701440 | 1.7 | Aug 24, 2024 | $27,500 | 16,165 | 17,747 | 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.