Comparable sales & offer analysis
Parcel MI-114924
Sanilac County, MI · 21.25 ac · Mixed Use · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$137,000
Adjusted value
$111,253
Value range
$80,679–$141,827
Comp $/acre
$5,235/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.1% versus the adjusted value.
Offer position
Max allowable offer
$63,573
Offer $/acre
$2,992/ac
Projected profit
$33,376
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-925404 | 30.1 | Jul 27, 2026 | $173,200 | 5,758 | 7,184 | 83 |
| MI-125169 | 25.4 | Jun 20, 2025 | $88,100 | 3,474 | 7,663 | 80 |
| MI-315065 | 23.5 | Jan 30, 2026 | $86,100 | 3,658 | 3,689 | 79 |
| MI-984259 | 13.1 | Jul 27, 2026 | $56,900 | 4,333 | 4,647 | 76 |
| MI-934070 | 11.4 | Jul 27, 2026 | $29,800 | 2,602 | 4,252 | 75 |
| MI-213935 | 10.4 | Jul 27, 2026 | $35,000 | 3,371 | 3,715 | 74 |
| MI-846108 | 50.1 | Jun 1, 2025 | $153,000 | 3,054 | 4,392 | 67 |
| MI-773979 | 10.7 | Jul 11, 2025 | $41,100 | 3,833 | 4,212 | 67 |
| MI-556106 | 50.0 | Jan 8, 2026 | $289,100 | 5,781 | 6,647 | 67 |
| MI-603644 | 8.4 | Feb 19, 2024 | $47,100 | 5,599 | 5,668 | 61 |
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.