Comparable sales & offer analysis
Parcel MI-489835
Schoolcraft County, MI · 745 ac · Residential · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,305,500
Adjusted value
$1,401,597
Value range
$1,131,556–$1,671,637
Comp $/acre
$1,880/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.9% versus the adjusted value.
Offer position
Max allowable offer
$800,912
Offer $/acre
$1,075/ac
Projected profit
$420,479
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-629495 | 582.6 | Jul 27, 2026 | $381,700 | 655 | 1,243 | 78 |
| MI-268279 | 241.4 | Jul 27, 2026 | $458,400 | 1,899 | 2,195 | 70 |
| MI-408455 | 274.3 | Jul 4, 2026 | $481,300 | 1,755 | 1,859 | 70 |
| MI-718274 | 240.6 | May 5, 2026 | $419,900 | 1,745 | 2,188 | 69 |
| MI-668548 | 293.4 | Jan 15, 2024 | $853,800 | 2,910 | 1,999 | 63 |
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.