Comparable sales & offer analysis
Parcel MI-192914
Alcona County, MI · 4.95 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$38,100
Adjusted value
$38,382
Value range
$27,705–$49,060
Comp $/acre
$7,754/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.7% versus the adjusted value.
Offer position
Max allowable offer
$21,933
Offer $/acre
$4,431/ac
Projected profit
$11,515
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 | 8,844 | 91 |
| MI-852593 | 3.9 | Jul 27, 2026 | $43,300 | 11,021 | 7,666 | 82 |
| MI-492945 | 5.1 | Dec 14, 2024 | $38,000 | 7,493 | 9,383 | 81 |
| MI-372526 | 3.7 | Apr 6, 2026 | $27,900 | 7,451 | 5,239 | 78 |
| MI-603570 | 8.0 | Dec 13, 2023 | $39,900 | 5,001 | 5,674 | 70 |
| MI-752096 | 2.7 | Jul 26, 2025 | $22,100 | 8,083 | 9,664 | 68 |
| MI-701440 | 1.7 | Aug 24, 2024 | $27,500 | 16,165 | 11,883 | 62 |
| MI-464189 | 12.5 | Sep 5, 2024 | $67,500 | 5,406 | 5,069 | 62 |
| MI-851847 | 2.3 | Jun 18, 2025 | $16,700 | 7,286 | 6,067 | 62 |
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.