Comparable sales & offer analysis
Parcel MI-791123
Alcona County, MI · 1.35 ac · Mixed Use · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$16,200
Adjusted value
$13,356
Value range
$9,616–$17,095
Comp $/acre
$9,893/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.3% versus the adjusted value.
Offer position
Max allowable offer
$7,632
Offer $/acre
$5,653/ac
Projected profit
$4,007
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-950894 | 1.1 | Jul 27, 2026 | $8,500 | 7,416 | 7,782 | 84 |
| MI-371124 | 1.4 | Mar 14, 2025 | $17,500 | 12,936 | 14,384 | 82 |
| MI-370484 | 0.8 | Jul 27, 2026 | $5,200 | 6,076 | 7,391 | 81 |
| MI-852593 | 3.9 | Jul 27, 2026 | $43,300 | 11,021 | 9,743 | 77 |
| MI-920808 | 1.1 | Jun 25, 2025 | $12,200 | 11,311 | 12,402 | 73 |
| MI-851847 | 2.3 | Jun 18, 2025 | $16,700 | 7,286 | 7,713 | 73 |
| MI-701440 | 1.7 | Aug 24, 2024 | $27,500 | 16,165 | 15,110 | 73 |
| MI-320405 | 0.8 | Feb 4, 2026 | $3,200 | 4,034 | 6,326 | 72 |
| MI-770510 | 0.9 | May 4, 2025 | $6,600 | 7,611 | 6,865 | 72 |
| MI-412588 | 3.9 | Jul 27, 2026 | $34,600 | 8,861 | 11,240 | 70 |
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.