Comparable sales & offer analysis
Parcel MI-541015
Mackinac County, MI · 1.25 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,500
Adjusted value
$6,005
Value range
$4,407–$7,604
Comp $/acre
$4,804/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.4% versus the adjusted value.
Offer position
Max allowable offer
$3,432
Offer $/acre
$2,745/ac
Projected profit
$1,802
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-301090 | 1.3 | Jan 31, 2026 | $7,500 | 5,694 | 4,803 | 85 |
| MI-752065 | 2.7 | Jul 27, 2026 | $18,300 | 6,841 | 6,994 | 82 |
| MI-480590 | 0.9 | Jul 27, 2026 | $2,100 | 2,260 | 3,927 | 80 |
| MI-722294 | 3.2 | Jul 27, 2026 | $13,600 | 4,316 | 5,154 | 71 |
| MI-592290 | 3.1 | Oct 9, 2025 | $11,500 | 3,644 | 3,867 | 70 |
| MI-962255 | 3.1 | Jul 27, 2026 | $6,700 | 2,175 | 3,283 | 70 |
| MI-622074 | 2.7 | Jul 27, 2026 | $11,200 | 4,136 | 5,785 | 70 |
| MI-580498 | 0.9 | Sep 10, 2025 | $1,500 | 1,697 | 3,054 | 67 |
| MI-222357 | 3.3 | Jun 20, 2024 | $21,500 | 6,504 | 6,166 | 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.