Comparable sales & offer analysis
Parcel MI-842115
Schoolcraft County, MI · 2.78 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$6,900
Adjusted value
$7,866
Value range
$5,663–$10,068
Comp $/acre
$2,829/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.3% versus the adjusted value.
Offer position
Max allowable offer
$4,495
Offer $/acre
$1,617/ac
Projected profit
$2,360
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-572312 | 3.2 | Mar 27, 2026 | $11,700 | 3,647 | 2,305 | 78 |
| MI-680973 | 1.2 | Feb 14, 2025 | $2,400 | 1,984 | 2,076 | 70 |
| MI-610683 | 1.0 | May 24, 2025 | $3,400 | 3,452 | 2,484 | 65 |
| MI-850871 | 1.1 | Aug 12, 2024 | $5,600 | 4,979 | 4,514 | 64 |
| MI-390814 | 1.1 | Sep 3, 2024 | $3,500 | 3,256 | 2,978 | 60 |
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.