Comparable sales & offer analysis
Parcel MI-222357
Mackinac County, MI · 3.31 ac · Residential · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$20,100
Adjusted value
$18,478
Value range
$14,049–$22,907
Comp $/acre
$5,582/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.8% versus the adjusted value.
Offer position
Max allowable offer
$10,559
Offer $/acre
$3,190/ac
Projected profit
$5,543
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 | 8,042 | 89 |
| MI-962255 | 3.1 | Jul 27, 2026 | $6,700 | 2,175 | 3,774 | 86 |
| MI-722294 | 3.2 | Jul 27, 2026 | $13,600 | 4,316 | 5,926 | 86 |
| MI-622074 | 2.7 | Jul 27, 2026 | $11,200 | 4,136 | 6,651 | 83 |
| MI-592290 | 3.1 | Oct 9, 2025 | $11,500 | 3,644 | 4,447 | 82 |
| MI-262758 | 4.4 | Jul 27, 2026 | $21,900 | 4,946 | 6,955 | 81 |
| MI-301090 | 1.3 | Jan 31, 2026 | $7,500 | 5,694 | 5,522 | 71 |
| MI-334055 | 11.3 | Mar 17, 2026 | $43,000 | 3,802 | 4,144 | 71 |
| MI-541015 | 1.3 | Jul 3, 2024 | $4,800 | 3,815 | 4,803 | 65 |
| MI-973598 | 8.1 | Oct 19, 2025 | $33,100 | 4,069 | 4,943 | 65 |
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.