Comparable sales & offer analysis
Parcel MI-846108
Sanilac County, MI · 50.10 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$149,000
Adjusted value
$219,185
Value range
$170,051–$268,320
Comp $/acre
$4,375/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -32.0% versus the adjusted value.
Offer position
Max allowable offer
$125,249
Offer $/acre
$2,500/ac
Projected profit
$65,756
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-556106 | 50.0 | Jan 8, 2026 | $289,100 | 5,781 | 4,856 | 85 |
| MI-925404 | 30.1 | Jul 27, 2026 | $173,200 | 5,758 | 5,248 | 77 |
| MI-114924 | 21.3 | Jul 27, 2026 | $135,900 | 6,395 | 4,709 | 76 |
| MI-806783 | 81.7 | Dec 4, 2025 | $422,300 | 5,169 | 5,015 | 75 |
| MI-315065 | 23.5 | Jan 30, 2026 | $86,100 | 3,658 | 2,695 | 74 |
| MI-486841 | 85.2 | Feb 16, 2024 | $311,700 | 3,658 | 3,722 | 69 |
| MI-206520 | 67.5 | Dec 18, 2023 | $204,700 | 3,031 | 5,279 | 69 |
| MI-627701 | 158.8 | Dec 3, 2025 | $438,900 | 2,763 | 3,171 | 67 |
| MI-125169 | 25.4 | Jun 20, 2025 | $88,100 | 3,474 | 5,599 | 66 |
| MI-477241 | 113.8 | Jul 23, 2024 | $204,300 | 1,795 | 3,217 | 64 |
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.