Comparable sales & offer analysis
Parcel MI-284990
Mackinac County, MI · 22.29 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$83,800
Adjusted value
$81,916
Value range
$66,135–$97,696
Comp $/acre
$3,675/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.3% versus the adjusted value.
Offer position
Max allowable offer
$46,809
Offer $/acre
$2,100/ac
Projected profit
$24,575
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 | 4,284 | 88 |
| MI-854720 | 18.3 | Dec 11, 2025 | $41,100 | 2,244 | 3,327 | 83 |
| MI-334055 | 11.3 | Mar 17, 2026 | $43,000 | 3,802 | 2,598 | 76 |
| MI-825539 | 33.2 | Sep 18, 2024 | $130,000 | 3,920 | 4,521 | 72 |
| MI-973598 | 8.1 | Oct 19, 2025 | $33,100 | 4,069 | 3,099 | 64 |
| MI-396588 | 70.9 | Dec 12, 2024 | $153,500 | 2,163 | 4,225 | 58 |
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.