Comparable sales & offer analysis
Parcel MI-119172
Dickinson County, MI · 461 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,900,100
Adjusted value
$2,106,710
Value range
$1,923,068–$2,290,352
Comp $/acre
$4,569/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.8% versus the adjusted value.
Offer position
Max allowable offer
$1,203,834
Offer $/acre
$2,611/ac
Projected profit
$632,013
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-619225 | 479.1 | May 25, 2024 | $2,612,900 | 5,453 | 5,139 | 78 |
| MI-168652 | 316.4 | Apr 7, 2026 | $852,900 | 2,696 | 4,107 | 76 |
| MI-158668 | 320.1 | May 22, 2025 | $1,664,200 | 5,200 | 4,181 | 72 |
| MI-537459 | 133.3 | May 23, 2026 | $487,300 | 3,655 | 4,681 | 64 |
| MI-857743 | 163.8 | Oct 30, 2024 | $1,145,700 | 6,996 | 4,759 | 59 |
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.