Comparable sales & offer analysis
Parcel MI-157953
Alcona County, MI · 191 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$754,300
Adjusted value
$741,216
Value range
$570,496–$911,936
Comp $/acre
$3,888/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.8% versus the adjusted value.
Offer position
Max allowable offer
$423,552
Offer $/acre
$2,222/ac
Projected profit
$222,365
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 | 3,625 | 84 |
| MI-797798 | 170.4 | Sep 4, 2025 | $592,100 | 3,475 | 3,503 | 80 |
| MI-958920 | 384.1 | Jul 27, 2026 | $1,817,500 | 4,731 | 4,089 | 76 |
| MI-866808 | 83.2 | Dec 17, 2025 | $324,400 | 3,900 | 2,775 | 73 |
| MI-338412 | 265.9 | Jan 22, 2024 | $1,464,900 | 5,510 | 5,766 | 71 |
| MI-669330 | 517.0 | Jul 27, 2026 | $1,527,300 | 2,954 | 2,791 | 70 |
| MI-476556 | 69.3 | Feb 20, 2026 | $436,300 | 6,296 | 4,279 | 70 |
| MI-206579 | 70.5 | Jun 23, 2026 | $461,800 | 6,554 | 4,395 | 69 |
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.