Comparable sales & offer analysis
Parcel MI-615814
Schoolcraft County, MI · 40.49 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$105,300
Adjusted value
$133,059
Value range
$107,507–$158,611
Comp $/acre
$3,286/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.9% versus the adjusted value.
Offer position
Max allowable offer
$76,034
Offer $/acre
$1,878/ac
Projected profit
$39,918
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-615556 | 33.6 | Jul 27, 2026 | $68,200 | 2,032 | 2,292 | 86 |
| MI-904744 | 18.6 | Apr 3, 2026 | $62,200 | 3,337 | 3,010 | 76 |
| MI-256974 | 93.8 | Jul 27, 2026 | $411,400 | 4,385 | 4,460 | 74 |
| MI-697311 | 119.8 | Apr 26, 2026 | $277,000 | 2,313 | 3,508 | 71 |
| MI-824597 | 16.8 | Jul 27, 2026 | $44,500 | 2,653 | 3,191 | 70 |
| MI-745153 | 25.1 | Mar 20, 2025 | $67,000 | 2,670 | 3,039 | 66 |
| MI-286776 | 81.3 | Oct 11, 2024 | $305,100 | 3,754 | 3,968 | 66 |
| MI-187230 | 112.9 | Aug 4, 2025 | $175,000 | 1,550 | 2,773 | 65 |
| MI-857054 | 99.4 | May 21, 2025 | $397,300 | 3,997 | 3,547 | 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.