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Comparable sales & offer analysis

Parcel MI-752096

Alcona County, MI · 2.74 ac · Residential · Dirt · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$22,600
Adjusted value
$19,605
Value range
$14,115–$25,094
Comp $/acre
$7,155/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.3% versus the adjusted value.

Offer position

Max allowable offer
$11,203
Offer $/acre
$4,089/ac
Projected profit
$5,881
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MI-8518472.3Jun 18, 2025$16,7007,2865,30082
MI-8525933.9Jul 27, 2026$43,30011,0216,69480
MI-4125883.9Jul 27, 2026$34,6008,8617,72378
MI-3725263.7Apr 6, 2026$27,9007,4514,57677
MI-9508941.1Jul 27, 2026$8,5007,4165,34772
MI-7014401.7Aug 24, 2024$27,50016,16510,38270
MI-3704840.8Jul 27, 2026$5,2006,0765,07970
MI-4929455.1Dec 14, 2024$38,0007,4938,19767
MI-3711241.4Mar 14, 2025$17,50012,9369,88366
MI-7911231.4Aug 22, 2024$16,90012,5169,31666
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.