Comparable sales & offer analysis
Parcel MI-181591
Dickinson County, MI · 1.90 ac · Recreational · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$9,200
Adjusted value
$10,416
Value range
$8,136–$12,695
Comp $/acre
$5,482/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.7% versus the adjusted value.
Offer position
Max allowable offer
$5,952
Offer $/acre
$3,133/ac
Projected profit
$3,125
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-631321 | 1.6 | Jul 27, 2026 | $7,600 | 4,851 | 4,729 | 86 |
| MI-621129 | 1.4 | Jan 5, 2026 | $8,500 | 6,226 | 7,207 | 77 |
| MI-722237 | 3.0 | Sep 28, 2024 | $14,100 | 4,640 | 4,883 | 69 |
| MI-320873 | 1.1 | Jan 25, 2025 | $7,300 | 6,439 | 6,565 | 68 |
| MI-410749 | 1.0 | Nov 19, 2025 | $4,200 | 4,058 | 4,001 | 67 |
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.
