Comparable sales & offer analysis
Parcel MI-973598
Mackinac County, MI · 8.13 ac · Mixed Use · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$30,800
Adjusted value
$39,786
Value range
$30,610–$48,962
Comp $/acre
$4,894/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.6% versus the adjusted value.
Offer position
Max allowable offer
$22,735
Offer $/acre
$2,796/ac
Projected profit
$11,936
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-334055 | 11.3 | Mar 17, 2026 | $43,000 | 3,802 | 3,529 | 77 |
| MI-262758 | 4.4 | Jul 27, 2026 | $21,900 | 4,946 | 5,922 | 76 |
| MI-722294 | 3.2 | Jul 27, 2026 | $13,600 | 4,316 | 5,046 | 76 |
| MI-622074 | 2.7 | Jul 27, 2026 | $11,200 | 4,136 | 5,664 | 74 |
| MI-752065 | 2.7 | Jul 27, 2026 | $18,300 | 6,841 | 6,848 | 73 |
| MI-962255 | 3.1 | Jul 27, 2026 | $6,700 | 2,175 | 3,214 | 71 |
| MI-854720 | 18.3 | Dec 11, 2025 | $41,100 | 2,244 | 4,519 | 71 |
| MI-434952 | 21.7 | Jul 27, 2026 | $92,500 | 4,267 | 5,818 | 69 |
| MI-592290 | 3.1 | Oct 9, 2025 | $11,500 | 3,644 | 3,786 | 66 |
| MI-284990 | 22.3 | Jun 13, 2025 | $68,800 | 3,087 | 4,423 | 62 |
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.