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Comparable sales & offer analysis

Parcel MI-301090

Mackinac County, MI · 1.32 ac · Residential · Gravel · Full utilities

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$9,100
Adjusted value
$7,777
Value range
$5,702–$9,852
Comp $/acre
$5,892/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +17.0% versus the adjusted value.

Offer position

Max allowable offer
$4,444
Offer $/acre
$3,367/ac
Projected profit
$2,333
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MI-7520652.7Jul 27, 2026$18,3006,8418,48084
MI-4805900.9Jul 27, 2026$2,1002,2604,76181
MI-5410151.3Jul 3, 2024$4,8003,8155,06578
MI-7222943.2Jul 27, 2026$13,6004,3166,24976
MI-9622553.1Jul 27, 2026$6,7002,1753,98074
MI-2627584.4Jul 27, 2026$21,9004,9467,33371
MI-6220742.7Jul 27, 2026$11,2004,1367,01471
MI-5922903.1Oct 9, 2025$11,5003,6444,68969
MI-5804980.9Sep 10, 2025$1,5001,6973,70467
MI-2223573.3Jun 20, 2024$21,5006,5047,47963
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.