Comparable sales & offer analysis
Parcel MI-829327
Mackinac County, MI · 516 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,526,400
Adjusted value
$1,075,976
Value range
$850,953–$1,300,999
Comp $/acre
$2,086/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +41.9% versus the adjusted value.
Offer position
Max allowable offer
$614,843
Offer $/acre
$1,192/ac
Projected profit
$322,793
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-759594 | 626.0 | Nov 8, 2025 | $1,130,700 | 1,806 | 2,854 | 80 |
| MI-129217 | 476.4 | Apr 10, 2025 | $847,300 | 1,779 | 1,907 | 78 |
| MI-269237 | 483.3 | Feb 7, 2024 | $423,600 | 877 | 2,016 | 67 |
| MI-618241 | 234.9 | Sep 29, 2025 | $397,300 | 1,691 | 1,701 | 63 |
| MI-137130 | 105.0 | Oct 22, 2024 | $266,300 | 2,535 | 1,754 | 57 |
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.