Comparable sales & offer analysis
Parcel MI-759594
Mackinac County, MI · 626 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,156,100
Adjusted value
$876,031
Value range
$707,068–$1,044,994
Comp $/acre
$1,399/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +32.0% versus the adjusted value.
Offer position
Max allowable offer
$500,589
Offer $/acre
$800/ac
Projected profit
$262,809
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 | 1,679 | 86 |
| MI-129217 | 476.4 | Apr 10, 2025 | $847,300 | 1,779 | 1,253 | 77 |
| MI-618241 | 234.9 | Sep 29, 2025 | $397,300 | 1,691 | 1,118 | 67 |
| MI-269237 | 483.3 | Feb 7, 2024 | $423,600 | 877 | 1,325 | 67 |
| MI-137130 | 105.0 | Oct 22, 2024 | $266,300 | 2,535 | 1,152 | 56 |
| MI-396588 | 70.9 | Dec 12, 2024 | $153,500 | 2,163 | 1,881 | 52 |
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.