Comparable sales & offer analysis
Parcel MI-797798
Alcona County, MI · 170 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$630,600
Adjusted value
$682,896
Value range
$527,208–$838,585
Comp $/acre
$4,007/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.7% versus the adjusted value.
Offer position
Max allowable offer
$390,226
Offer $/acre
$2,290/ac
Projected profit
$204,869
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 | 3,574 | 80 |
| MI-458366 | 257.2 | Jul 10, 2026 | $1,040,900 | 4,048 | 3,738 | 78 |
| MI-206579 | 70.5 | Jun 23, 2026 | $461,800 | 6,554 | 4,533 | 74 |
| MI-958920 | 384.1 | Jul 27, 2026 | $1,817,500 | 4,731 | 4,216 | 73 |
| MI-669330 | 517.0 | Jul 27, 2026 | $1,527,300 | 2,954 | 2,878 | 69 |
| MI-476556 | 69.3 | Feb 20, 2026 | $436,300 | 6,296 | 4,413 | 66 |
| MI-338412 | 265.9 | Jan 22, 2024 | $1,464,900 | 5,510 | 5,946 | 66 |
| MI-866808 | 83.2 | Dec 17, 2025 | $324,400 | 3,900 | 2,862 | 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.