Comparable sales & offer analysis
Parcel MI-618241
Mackinac County, MI · 235 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$403,300
Adjusted value
$566,761
Value range
$458,241–$675,282
Comp $/acre
$2,413/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.8% versus the adjusted value.
Offer position
Max allowable offer
$323,864
Offer $/acre
$1,379/ac
Projected profit
$170,028
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 | 2,648 | 69 |
| MI-129217 | 476.4 | Apr 10, 2025 | $847,300 | 1,779 | 1,976 | 69 |
| MI-759594 | 626.0 | Nov 8, 2025 | $1,130,700 | 1,806 | 2,957 | 68 |
| MI-269237 | 483.3 | Feb 7, 2024 | $423,600 | 877 | 2,089 | 67 |
| MI-396588 | 70.9 | Dec 12, 2024 | $153,500 | 2,163 | 2,966 | 62 |
| MI-137130 | 105.0 | Oct 22, 2024 | $266,300 | 2,535 | 1,818 | 60 |
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.