Comparable sales & offer analysis
Parcel MI-825539
Mackinac County, MI · 33.17 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$125,500
Adjusted value
$106,280
Value range
$85,083–$127,477
Comp $/acre
$3,204/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.1% versus the adjusted value.
Offer position
Max allowable offer
$60,731
Offer $/acre
$1,831/ac
Projected profit
$31,884
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-434952 | 21.7 | Jul 27, 2026 | $92,500 | 4,267 | 4,033 | 81 |
| MI-284990 | 22.3 | Jun 13, 2025 | $68,800 | 3,087 | 3,065 | 75 |
| MI-854720 | 18.3 | Dec 11, 2025 | $41,100 | 2,244 | 3,132 | 69 |
| MI-137130 | 105.0 | Oct 22, 2024 | $266,300 | 2,535 | 2,437 | 66 |
| MI-334055 | 11.3 | Mar 17, 2026 | $43,000 | 3,802 | 2,446 | 65 |
| MI-396588 | 70.9 | Dec 12, 2024 | $153,500 | 2,163 | 3,977 | 63 |
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.