Comparable sales & offer analysis
Parcel MI-492945
Alcona County, MI · 5.07 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$37,100
Adjusted value
$33,240
Value range
$24,064–$42,415
Comp $/acre
$6,556/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.6% versus the adjusted value.
Offer position
Max allowable offer
$18,994
Offer $/acre
$3,746/ac
Projected profit
$9,972
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 | 7,597 | 87 |
| MI-192914 | 5.0 | Oct 2, 2024 | $41,100 | 8,305 | 7,735 | 81 |
| MI-852593 | 3.9 | Jul 27, 2026 | $43,300 | 11,021 | 6,585 | 80 |
| MI-372526 | 3.7 | Apr 6, 2026 | $27,900 | 7,451 | 4,501 | 76 |
| MI-603570 | 8.0 | Dec 13, 2023 | $39,900 | 5,001 | 4,875 | 74 |
| MI-752096 | 2.7 | Jul 26, 2025 | $22,100 | 8,083 | 8,302 | 69 |
| MI-464189 | 12.5 | Sep 5, 2024 | $67,500 | 5,406 | 4,354 | 67 |
| MI-851847 | 2.3 | Jun 18, 2025 | $16,700 | 7,286 | 5,212 | 65 |
| MI-701440 | 1.7 | Aug 24, 2024 | $27,500 | 16,165 | 10,209 | 57 |
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.