Comparable sales & offer analysis
Parcel MI-809057
Sanilac County, MI · 424 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,051,100
Adjusted value
$1,001,899
Value range
$852,720–$1,151,077
Comp $/acre
$2,362/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.9% versus the adjusted value.
Offer position
Max allowable offer
$572,513
Offer $/acre
$1,350/ac
Projected profit
$300,570
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-459645 | 649.5 | Mar 10, 2026 | $1,262,500 | 1,944 | 2,632 | 72 |
| MI-598617 | 308.4 | Feb 17, 2024 | $1,021,500 | 3,312 | 2,743 | 70 |
| MI-859785 | 718.9 | Nov 11, 2024 | $1,192,100 | 1,658 | 2,472 | 68 |
| MI-627701 | 158.8 | Dec 3, 2025 | $438,900 | 2,763 | 1,830 | 64 |
| MI-677557 | 143.1 | Sep 4, 2024 | $380,000 | 2,655 | 2,021 | 58 |
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.