Comparable sales & offer analysis
Parcel MI-752042
Alger County, MI · 2.63 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$13,100
Adjusted value
$12,000
Value range
$9,027–$14,973
Comp $/acre
$4,563/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.2% versus the adjusted value.
Offer position
Max allowable offer
$6,857
Offer $/acre
$2,607/ac
Projected profit
$3,600
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-802229 | 3.0 | Jul 27, 2026 | $9,600 | 3,166 | 3,185 | 88 |
| MI-592119 | 2.8 | Dec 29, 2025 | $18,400 | 6,602 | 4,784 | 83 |
| MI-202178 | 2.9 | May 8, 2024 | $27,200 | 9,346 | 7,237 | 70 |
| MI-392603 | 4.0 | Jan 26, 2025 | $16,200 | 4,089 | 5,189 | 68 |
| MI-792606 | 4.0 | Sep 27, 2024 | $18,100 | 4,576 | 4,288 | 67 |
| MI-363186 | 6.0 | Mar 15, 2025 | $25,900 | 4,302 | 3,857 | 67 |
| MI-193351 | 6.8 | May 26, 2024 | $18,000 | 2,654 | 3,814 | 64 |
| MI-711018 | 1.3 | Mar 30, 2024 | $4,500 | 3,572 | 3,921 | 64 |
| MI-320790 | 1.1 | May 6, 2025 | $7,000 | 6,649 | 5,026 | 63 |
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.