Comparable sales & offer analysis
Parcel MI-904744
Schoolcraft County, MI · 18.65 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$63,000
Adjusted value
$59,392
Value range
$50,385–$68,400
Comp $/acre
$3,185/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.1% versus the adjusted value.
Offer position
Max allowable offer
$33,939
Offer $/acre
$1,820/ac
Projected profit
$17,818
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-824597 | 16.8 | Jul 27, 2026 | $44,500 | 2,653 | 3,612 | 81 |
| MI-615556 | 33.6 | Jul 27, 2026 | $68,200 | 2,032 | 2,595 | 73 |
| MI-745153 | 25.1 | Mar 20, 2025 | $67,000 | 2,670 | 3,440 | 71 |
| MI-615814 | 40.5 | Jan 16, 2025 | $87,300 | 2,156 | 2,602 | 68 |
| MI-774008 | 10.9 | Nov 23, 2024 | $39,500 | 3,612 | 3,674 | 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.