Comparable sales & offer analysis
Parcel MI-668548
Schoolcraft County, MI · 293 ac · Agricultural · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$798,700
Adjusted value
$901,048
Value range
$743,994–$1,058,102
Comp $/acre
$3,071/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.4% versus the adjusted value.
Offer position
Max allowable offer
$514,885
Offer $/acre
$1,755/ac
Projected profit
$270,314
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-408455 | 274.3 | Jul 4, 2026 | $481,300 | 1,755 | 3,017 | 84 |
| MI-718274 | 240.6 | May 5, 2026 | $419,900 | 1,745 | 3,551 | 81 |
| MI-268279 | 241.4 | Jul 27, 2026 | $458,400 | 1,899 | 3,563 | 79 |
| MI-537869 | 179.4 | Jun 29, 2025 | $248,800 | 1,387 | 3,165 | 70 |
| MI-187230 | 112.9 | Aug 4, 2025 | $175,000 | 1,550 | 2,465 | 70 |
| MI-629495 | 582.6 | Jul 27, 2026 | $381,700 | 655 | 2,017 | 69 |
| MI-256974 | 93.8 | Jul 27, 2026 | $411,400 | 4,385 | 3,966 | 68 |
| MI-857054 | 99.4 | May 21, 2025 | $397,300 | 3,997 | 3,153 | 66 |
| MI-117673 | 155.7 | Mar 19, 2025 | $224,300 | 1,441 | 2,720 | 65 |
| MI-489835 | 745.4 | Jun 2, 2024 | $1,232,400 | 1,653 | 2,931 | 63 |
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.