Comparable sales & offer analysis
Parcel MI-537459
Dickinson County, MI · 133 ac · Mixed Use · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$483,400
Adjusted value
$370,876
Value range
$272,354–$469,398
Comp $/acre
$2,782/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +30.3% versus the adjusted value.
Offer position
Max allowable offer
$211,929
Offer $/acre
$1,590/ac
Projected profit
$111,263
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-336959 | 92.8 | Jul 27, 2026 | $266,000 | 2,866 | 1,793 | 81 |
| MI-527278 | 116.9 | Dec 24, 2025 | $293,700 | 2,512 | 2,006 | 79 |
| MI-168652 | 316.4 | Apr 7, 2026 | $852,900 | 2,696 | 3,256 | 71 |
| MI-857743 | 163.8 | Oct 30, 2024 | $1,145,700 | 6,996 | 3,773 | 70 |
| MI-158668 | 320.1 | May 22, 2025 | $1,664,200 | 5,200 | 3,315 | 64 |
| MI-119172 | 461.1 | Feb 14, 2025 | $1,558,100 | 3,379 | 2,863 | 56 |
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.