Comparable sales & offer analysis
Parcel MI-480590
Mackinac County, MI · 0.92 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,100
Adjusted value
$2,468
Value range
$1,798–$3,137
Comp $/acre
$2,682/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.9% versus the adjusted value.
Offer position
Max allowable offer
$1,410
Offer $/acre
$1,533/ac
Projected profit
$740
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-580498 | 0.9 | Sep 10, 2025 | $1,500 | 1,697 | 1,771 | 78 |
| MI-301090 | 1.3 | Jan 31, 2026 | $7,500 | 5,694 | 2,785 | 76 |
| MI-962255 | 3.1 | Jul 27, 2026 | $6,700 | 2,175 | 1,904 | 75 |
| MI-752065 | 2.7 | Jul 27, 2026 | $18,300 | 6,841 | 4,056 | 72 |
| MI-722294 | 3.2 | Jul 27, 2026 | $13,600 | 4,316 | 2,989 | 69 |
| MI-622074 | 2.7 | Jul 27, 2026 | $11,200 | 4,136 | 3,355 | 68 |
| MI-541015 | 1.3 | Jul 3, 2024 | $4,800 | 3,815 | 2,422 | 68 |
| MI-592290 | 3.1 | Oct 9, 2025 | $11,500 | 3,644 | 2,243 | 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.