Comparable sales & offer analysis
Parcel MI-650011
Schoolcraft County, MI · 0.60 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,100
Adjusted value
$3,631
Value range
$2,664–$4,598
Comp $/acre
$6,052/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.6% versus the adjusted value.
Offer position
Max allowable offer
$2,075
Offer $/acre
$3,458/ac
Projected profit
$1,089
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-440288 | 0.7 | Jul 27, 2026 | $4,400 | 5,964 | 7,081 | 87 |
| MI-410171 | 0.7 | Jan 16, 2025 | $4,700 | 6,961 | 7,468 | 77 |
| MI-920131 | 0.7 | Jun 6, 2024 | $2,700 | 4,140 | 7,340 | 74 |
| MI-610683 | 1.0 | May 24, 2025 | $3,400 | 3,452 | 4,120 | 71 |
| MI-680973 | 1.2 | Feb 14, 2025 | $2,400 | 1,984 | 3,443 | 68 |
| MI-850871 | 1.1 | Aug 12, 2024 | $5,600 | 4,979 | 7,487 | 64 |
| MI-390814 | 1.1 | Sep 3, 2024 | $3,500 | 3,256 | 4,939 | 62 |
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.