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Comparable sales & offer analysis

Parcel MI-610683

Schoolcraft County, MI · 0.98 ac · Recreational · Dirt · Full utilities

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$4,100
Adjusted value
$4,920
Value range
$3,565–$6,275
Comp $/acre
$5,021/ac

Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.7% versus the adjusted value.

Offer position

Max allowable offer
$2,812
Offer $/acre
$2,869/ac
Projected profit
$1,476
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MI-6809731.2Feb 14, 2025$2,4001,9843,03481
MI-6500110.6Jul 27, 2026$3,2005,3014,70581
MI-4402880.7Jul 27, 2026$4,4005,9646,23780
MI-8508711.1Aug 12, 2024$5,6004,9796,59777
MI-9201310.7Jun 6, 2024$2,7004,1406,46873
MI-8421152.8Apr 28, 2026$7,1002,5713,80571
MI-3908141.1Sep 3, 2024$3,5003,2564,35268
MI-4101710.7Jan 16, 2025$4,7006,9616,57968
MI-5723123.2Mar 27, 2026$11,7003,6473,36967
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.