Comparable sales & offer analysis
Parcel MI-137130
Mackinac County, MI · 105 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$316,300
Adjusted value
$397,202
Value range
$318,240–$476,165
Comp $/acre
$3,781/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.4% versus the adjusted value.
Offer position
Max allowable offer
$226,973
Offer $/acre
$2,161/ac
Projected profit
$119,161
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-829327 | 515.9 | Jul 27, 2026 | $1,308,100 | 2,536 | 3,974 | 69 |
| MI-434952 | 21.7 | Jul 27, 2026 | $92,500 | 4,267 | 4,514 | 67 |
| MI-825539 | 33.2 | Sep 18, 2024 | $130,000 | 3,920 | 4,766 | 67 |
| MI-396588 | 70.9 | Dec 12, 2024 | $153,500 | 2,163 | 4,453 | 66 |
| MI-618241 | 234.9 | Sep 29, 2025 | $397,300 | 1,691 | 2,646 | 65 |
| MI-284990 | 22.3 | Jun 13, 2025 | $68,800 | 3,087 | 3,431 | 60 |
| MI-129217 | 476.4 | Apr 10, 2025 | $847,300 | 1,779 | 2,966 | 57 |
| MI-269237 | 483.3 | Feb 7, 2024 | $423,600 | 877 | 3,137 | 48 |
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.