Comparable sales & offer analysis
Parcel MI-774008
Schoolcraft County, MI · 10.94 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$41,200
Adjusted value
$36,937
Value range
$32,274–$41,601
Comp $/acre
$3,376/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.5% versus the adjusted value.
Offer position
Max allowable offer
$21,107
Offer $/acre
$1,929/ac
Projected profit
$11,081
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 | 3,829 | 80 |
| MI-904744 | 18.6 | Apr 3, 2026 | $62,200 | 3,337 | 3,612 | 69 |
| MI-615556 | 33.6 | Jul 27, 2026 | $68,200 | 2,032 | 2,750 | 68 |
| MI-572312 | 3.2 | Mar 27, 2026 | $11,700 | 3,647 | 2,962 | 65 |
| MI-745153 | 25.1 | Mar 20, 2025 | $67,000 | 2,670 | 3,646 | 61 |
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.