Comparable sales & offer analysis
Parcel MI-629495
Schoolcraft County, MI · 583 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$415,800
Adjusted value
$619,121
Value range
$569,591–$668,651
Comp $/acre
$1,063/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -32.8% versus the adjusted value.
Offer position
Max allowable offer
$353,784
Offer $/acre
$607/ac
Projected profit
$185,736
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 | 987 | 78 |
| MI-268279 | 241.4 | Jul 27, 2026 | $458,400 | 1,899 | 1,166 | 74 |
| MI-718274 | 240.6 | May 5, 2026 | $419,900 | 1,745 | 1,162 | 68 |
| MI-489835 | 745.4 | Jun 2, 2024 | $1,232,400 | 1,653 | 959 | 64 |
| MI-537869 | 179.4 | Jun 29, 2025 | $248,800 | 1,387 | 1,036 | 63 |
| MI-668548 | 293.4 | Jan 15, 2024 | $853,800 | 2,910 | 1,061 | 56 |
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.