Comparable sales & offer analysis
Parcel MI-797798
Alcona County, MI · 170 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$630,600
Adjusted value
$686,992
Value range
$530,218–$843,767
Comp $/acre
$4,031/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.2% versus the adjusted value.
Offer position
Max allowable offer
$392,567
Offer $/acre
$2,304/ac
Projected profit
$206,098
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-157953 | 190.7 | Aug 30, 2025 | $635,100 | 3,331 | 3,593 | 79 |
| MI-458366 | 257.2 | Jul 10, 2026 | $1,040,900 | 4,048 | 3,759 | 76 |
| MI-206579 | 70.5 | Jun 23, 2026 | $461,800 | 6,554 | 4,558 | 73 |
| MI-958920 | 384.1 | Jul 27, 2026 | $1,817,500 | 4,731 | 4,240 | 72 |
| MI-669330 | 517.0 | Jul 27, 2026 | $1,527,300 | 2,954 | 2,894 | 68 |
| MI-338412 | 265.9 | Jan 22, 2024 | $1,464,900 | 5,510 | 5,976 | 66 |
| MI-476556 | 69.3 | Feb 20, 2026 | $436,300 | 6,296 | 4,437 | 65 |
| MI-866808 | 83.2 | Dec 17, 2025 | $324,400 | 3,900 | 2,878 | 65 |
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.