Comparable sales & offer analysis
Parcel MI-262758
Mackinac County, MI · 4.42 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$20,300
Adjusted value
$17,734
Value range
$13,388–$22,079
Comp $/acre
$4,012/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.5% versus the adjusted value.
Offer position
Max allowable offer
$10,134
Offer $/acre
$2,293/ac
Projected profit
$5,320
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-752065 | 2.7 | Jul 27, 2026 | $18,300 | 6,841 | 5,732 | 81 |
| MI-722294 | 3.2 | Jul 27, 2026 | $13,600 | 4,316 | 4,224 | 79 |
| MI-592290 | 3.1 | Oct 9, 2025 | $11,500 | 3,644 | 3,170 | 79 |
| MI-962255 | 3.1 | Jul 27, 2026 | $6,700 | 2,175 | 2,690 | 78 |
| MI-622074 | 2.7 | Jul 27, 2026 | $11,200 | 4,136 | 4,741 | 77 |
| MI-334055 | 11.3 | Mar 17, 2026 | $43,000 | 3,802 | 2,954 | 72 |
| MI-973598 | 8.1 | Oct 19, 2025 | $33,100 | 4,069 | 3,524 | 70 |
| MI-222357 | 3.3 | Jun 20, 2024 | $21,500 | 6,504 | 5,056 | 69 |
| MI-301090 | 1.3 | Jan 31, 2026 | $7,500 | 5,694 | 3,936 | 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.