Comparable sales & offer analysis
Parcel MI-592290
Mackinac County, MI · 3.15 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$12,600
Adjusted value
$15,744
Value range
$12,258–$19,231
Comp $/acre
$4,998/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.0% versus the adjusted value.
Offer position
Max allowable offer
$8,997
Offer $/acre
$2,856/ac
Projected profit
$4,723
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-722294 | 3.2 | Jul 27, 2026 | $13,600 | 4,316 | 5,030 | 92 |
| MI-752065 | 2.7 | Jul 27, 2026 | $18,300 | 6,841 | 6,825 | 89 |
| MI-962255 | 3.1 | Jul 27, 2026 | $6,700 | 2,175 | 3,203 | 87 |
| MI-262758 | 4.4 | Jul 27, 2026 | $21,900 | 4,946 | 5,903 | 85 |
| MI-622074 | 2.7 | Jul 27, 2026 | $11,200 | 4,136 | 5,645 | 82 |
| MI-222357 | 3.3 | Jun 20, 2024 | $21,500 | 6,504 | 6,020 | 76 |
| MI-301090 | 1.3 | Jan 31, 2026 | $7,500 | 5,694 | 4,687 | 71 |
| MI-480590 | 0.9 | Jul 27, 2026 | $2,100 | 2,260 | 3,832 | 71 |
| MI-973598 | 8.1 | Oct 19, 2025 | $33,100 | 4,069 | 4,196 | 66 |
| MI-541015 | 1.3 | Jul 3, 2024 | $4,800 | 3,815 | 4,077 | 66 |
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.