Comparable sales & offer analysis
Parcel MI-301090
Mackinac County, MI · 1.32 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$9,100
Adjusted value
$7,818
Value range
$5,732–$9,905
Comp $/acre
$5,923/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.4% versus the adjusted value.
Offer position
Max allowable offer
$4,468
Offer $/acre
$3,385/ac
Projected profit
$2,346
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-752065 | 2.7 | Jul 27, 2026 | $18,300 | 6,841 | 8,527 | 82 |
| MI-480590 | 0.9 | Jul 27, 2026 | $2,100 | 2,260 | 4,787 | 80 |
| MI-541015 | 1.3 | Jul 3, 2024 | $4,800 | 3,815 | 5,091 | 78 |
| MI-722294 | 3.2 | Jul 27, 2026 | $13,600 | 4,316 | 6,284 | 74 |
| MI-962255 | 3.1 | Jul 27, 2026 | $6,700 | 2,175 | 4,002 | 72 |
| MI-262758 | 4.4 | Jul 27, 2026 | $21,900 | 4,946 | 7,374 | 70 |
| MI-622074 | 2.7 | Jul 27, 2026 | $11,200 | 4,136 | 7,053 | 69 |
| MI-592290 | 3.1 | Oct 9, 2025 | $11,500 | 3,644 | 4,714 | 68 |
| MI-580498 | 0.9 | Sep 10, 2025 | $1,500 | 1,697 | 3,724 | 66 |
| MI-222357 | 3.3 | Jun 20, 2024 | $21,500 | 6,504 | 7,517 | 63 |
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.