Comparable sales & offer analysis
Parcel MI-857743
Dickinson County, MI · 164 ac · Agricultural · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,151,500
Adjusted value
$973,434
Value range
$712,457–$1,234,411
Comp $/acre
$5,944/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.3% versus the adjusted value.
Offer position
Max allowable offer
$556,248
Offer $/acre
$3,397/ac
Projected profit
$292,030
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-527278 | 116.9 | Dec 24, 2025 | $293,700 | 2,512 | 4,020 | 80 |
| MI-537459 | 133.3 | May 23, 2026 | $487,300 | 3,655 | 7,438 | 79 |
| MI-336959 | 92.8 | Jul 27, 2026 | $266,000 | 2,866 | 3,594 | 79 |
| MI-158668 | 320.1 | May 22, 2025 | $1,664,200 | 5,200 | 6,644 | 76 |
| MI-168652 | 316.4 | Apr 7, 2026 | $852,900 | 2,696 | 6,526 | 68 |
| MI-619225 | 479.1 | May 25, 2024 | $2,612,900 | 5,453 | 8,165 | 63 |
| MI-119172 | 461.1 | Feb 14, 2025 | $1,558,100 | 3,379 | 5,738 | 60 |
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.