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Comparable sales & offer analysis

Parcel MI-745153

Schoolcraft County, MI · 25.08 ac · Agricultural · Dirt · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$63,900
Adjusted value
$69,819
Value range
$56,514–$83,124
Comp $/acre
$2,784/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.5% versus the adjusted value.

Offer position

Max allowable offer
$39,896
Offer $/acre
$1,591/ac
Projected profit
$20,946
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MI-82459716.8Jul 27, 2026$44,5002,6532,98680
MI-61555633.6Jul 27, 2026$68,2002,0322,14480
MI-90474418.6Apr 3, 2026$62,2003,3372,81677
MI-61581440.5Jan 16, 2025$87,3002,1562,15164
MI-28677681.3Oct 11, 2024$305,1003,7543,71163
MI-77400810.9Nov 23, 2024$39,5003,6123,03660
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.