Comparable sales & offer analysis
Parcel MI-157953
Alcona County, MI · 191 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$754,300
Adjusted value
$745,672
Value range
$573,747–$917,597
Comp $/acre
$3,911/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.2% versus the adjusted value.
Offer position
Max allowable offer
$426,098
Offer $/acre
$2,235/ac
Projected profit
$223,702
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-458366 | 257.2 | Jul 10, 2026 | $1,040,900 | 4,048 | 3,645 | 82 |
| MI-797798 | 170.4 | Sep 4, 2025 | $592,100 | 3,475 | 3,522 | 79 |
| MI-958920 | 384.1 | Jul 27, 2026 | $1,817,500 | 4,731 | 4,111 | 75 |
| MI-866808 | 83.2 | Dec 17, 2025 | $324,400 | 3,900 | 2,791 | 72 |
| MI-338412 | 265.9 | Jan 22, 2024 | $1,464,900 | 5,510 | 5,795 | 71 |
| MI-669330 | 517.0 | Jul 27, 2026 | $1,527,300 | 2,954 | 2,806 | 69 |
| MI-476556 | 69.3 | Feb 20, 2026 | $436,300 | 6,296 | 4,302 | 69 |
| MI-206579 | 70.5 | Jun 23, 2026 | $461,800 | 6,554 | 4,420 | 68 |
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.