Comparable sales & offer analysis
Parcel MI-617998
Saginaw County, MI · 197 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$287,600
Adjusted value
$452,621
Value range
$373,278–$531,964
Comp $/acre
$2,298/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -36.5% versus the adjusted value.
Offer position
Max allowable offer
$258,641
Offer $/acre
$1,313/ac
Projected profit
$135,786
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-908108 | 213.3 | Dec 14, 2025 | $1,099,600 | 5,155 | 2,581 | 78 |
| MI-697966 | 192.5 | Sep 9, 2024 | $701,800 | 3,646 | 2,678 | 75 |
| MI-587441 | 131.6 | Jan 23, 2026 | $603,900 | 4,589 | 2,449 | 73 |
| MI-329658 | 655.7 | Jul 27, 2026 | $915,400 | 1,396 | 1,585 | 72 |
| MI-128386 | 260.9 | Jan 16, 2025 | $881,000 | 3,377 | 2,258 | 71 |
| MI-458680 | 322.8 | Oct 13, 2024 | $872,300 | 2,702 | 2,291 | 68 |
| MI-967517 | 139.0 | Sep 6, 2024 | $347,400 | 2,499 | 1,681 | 68 |
| MI-416587 | 70.9 | Aug 17, 2025 | $374,500 | 5,284 | 2,869 | 62 |
| MI-706826 | 84.3 | Aug 26, 2024 | $552,100 | 6,552 | 2,299 | 59 |
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.