Comparable sales & offer analysis
Parcel MI-852593
Alcona County, MI · 3.93 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$50,600
Adjusted value
$49,340
Value range
$36,835–$61,844
Comp $/acre
$12,555/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.6% versus the adjusted value.
Offer position
Max allowable offer
$28,194
Offer $/acre
$7,174/ac
Projected profit
$14,802
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-372526 | 3.7 | Apr 6, 2026 | $27,900 | 7,451 | 7,591 | 89 |
| MI-412588 | 3.9 | Jul 27, 2026 | $34,600 | 8,861 | 12,814 | 85 |
| MI-192914 | 5.0 | Oct 2, 2024 | $41,100 | 8,305 | 13,046 | 72 |
| MI-950894 | 1.1 | Jul 27, 2026 | $8,500 | 7,416 | 8,872 | 71 |
| MI-752096 | 2.7 | Jul 26, 2025 | $22,100 | 8,083 | 14,003 | 71 |
| MI-851847 | 2.3 | Jun 18, 2025 | $16,700 | 7,286 | 8,791 | 71 |
| MI-492945 | 5.1 | Dec 14, 2024 | $38,000 | 7,493 | 13,596 | 70 |
| MI-371124 | 1.4 | Mar 14, 2025 | $17,500 | 12,936 | 16,393 | 66 |
| MI-791123 | 1.4 | Aug 22, 2024 | $16,900 | 12,516 | 15,451 | 65 |
| MI-701440 | 1.7 | Aug 24, 2024 | $27,500 | 16,165 | 17,219 | 64 |
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.