Comparable sales & offer analysis
Parcel MI-486841
Sanilac County, MI · 85.20 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$359,900
Adjusted value
$402,964
Value range
$312,732–$493,195
Comp $/acre
$4,730/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.7% versus the adjusted value.
Offer position
Max allowable offer
$230,265
Offer $/acre
$2,703/ac
Projected profit
$120,889
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-806783 | 81.7 | Dec 4, 2025 | $422,300 | 5,169 | 5,476 | 78 |
| MI-846108 | 50.1 | Jun 1, 2025 | $153,000 | 3,054 | 3,504 | 73 |
| MI-556106 | 50.0 | Jan 8, 2026 | $289,100 | 5,781 | 5,303 | 72 |
| MI-477241 | 113.8 | Jul 23, 2024 | $204,300 | 1,795 | 3,512 | 70 |
| MI-677557 | 143.1 | Sep 4, 2024 | $380,000 | 2,655 | 3,825 | 67 |
| MI-627701 | 158.8 | Dec 3, 2025 | $438,900 | 2,763 | 3,463 | 66 |
| MI-206520 | 67.5 | Dec 18, 2023 | $204,700 | 3,031 | 5,762 | 66 |
| MI-925404 | 30.1 | Jul 27, 2026 | $173,200 | 5,758 | 5,731 | 66 |
| MI-125169 | 25.4 | Jun 20, 2025 | $88,100 | 3,474 | 6,114 | 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.