Comparable sales & offer analysis
Parcel MI-580498
Mackinac County, MI · 0.86 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,600
Adjusted value
$2,537
Value range
$1,978–$3,096
Comp $/acre
$2,950/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -36.9% versus the adjusted value.
Offer position
Max allowable offer
$1,450
Offer $/acre
$1,686/ac
Projected profit
$761
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-480590 | 0.9 | Jul 27, 2026 | $2,100 | 2,260 | 2,279 | 84 |
| MI-622074 | 2.7 | Jul 27, 2026 | $11,200 | 4,136 | 3,357 | 71 |
| MI-301090 | 1.3 | Jan 31, 2026 | $7,500 | 5,694 | 2,787 | 68 |
| MI-752065 | 2.7 | Jul 27, 2026 | $18,300 | 6,841 | 4,059 | 65 |
| MI-541015 | 1.3 | Jul 3, 2024 | $4,800 | 3,815 | 2,423 | 62 |
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.