Comparable sales & offer analysis
Parcel MI-579975
Alcona County, MI · 825 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,268,600
Adjusted value
$2,753,095
Value range
$2,062,194–$3,443,995
Comp $/acre
$3,337/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.6% versus the adjusted value.
Offer position
Max allowable offer
$1,573,197
Offer $/acre
$1,907/ac
Projected profit
$825,928
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-669330 | 517.0 | Jul 27, 2026 | $1,527,300 | 2,954 | 2,219 | 84 |
| MI-958920 | 384.1 | Jul 27, 2026 | $1,817,500 | 4,731 | 3,252 | 81 |
| MI-389875 | 767.3 | Feb 20, 2025 | $3,546,200 | 4,622 | 4,151 | 76 |
| MI-458366 | 257.2 | Jul 10, 2026 | $1,040,900 | 4,048 | 2,883 | 70 |
| MI-338412 | 265.9 | Jan 22, 2024 | $1,464,900 | 5,510 | 4,583 | 56 |
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.