Comparable sales & offer analysis
Parcel MI-603570
Alcona County, MI · 7.97 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$47,000
Adjusted value
$61,137
Value range
$47,834–$74,440
Comp $/acre
$7,671/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.1% versus the adjusted value.
Offer position
Max allowable offer
$34,936
Offer $/acre
$4,383/ac
Projected profit
$18,341
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-412588 | 3.9 | Jul 27, 2026 | $34,600 | 8,861 | 8,714 | 78 |
| MI-492945 | 5.1 | Dec 14, 2024 | $38,000 | 7,493 | 9,245 | 77 |
| MI-852593 | 3.9 | Jul 27, 2026 | $43,300 | 11,021 | 7,553 | 73 |
| MI-464189 | 12.5 | Sep 5, 2024 | $67,500 | 5,406 | 4,994 | 73 |
| MI-192914 | 5.0 | Oct 2, 2024 | $41,100 | 8,305 | 8,871 | 72 |
| MI-372526 | 3.7 | Apr 6, 2026 | $27,900 | 7,451 | 5,162 | 70 |
| MI-455134 | 24.7 | Dec 2, 2025 | $180,500 | 7,295 | 7,278 | 64 |
| MI-752096 | 2.7 | Jul 26, 2025 | $22,100 | 8,083 | 9,522 | 63 |
| MI-851847 | 2.3 | Jun 18, 2025 | $16,700 | 7,286 | 5,978 | 61 |
| MI-305216 | 26.3 | Oct 18, 2024 | $234,300 | 8,927 | 9,422 | 58 |
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.