Comparable sales & offer analysis
Parcel MI-615556
Schoolcraft County, MI · 33.58 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$77,200
Adjusted value
$97,318
Value range
$78,998–$115,639
Comp $/acre
$2,898/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.7% versus the adjusted value.
Offer position
Max allowable offer
$55,611
Offer $/acre
$1,656/ac
Projected profit
$29,196
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 | 2,836 | 80 |
| MI-615814 | 40.5 | Jan 16, 2025 | $87,300 | 2,156 | 2,043 | 76 |
| MI-904744 | 18.6 | Apr 3, 2026 | $62,200 | 3,337 | 2,675 | 72 |
| MI-745153 | 25.1 | Mar 20, 2025 | $67,000 | 2,670 | 2,701 | 72 |
| MI-256974 | 93.8 | Jul 27, 2026 | $411,400 | 4,385 | 3,965 | 71 |
| MI-187230 | 112.9 | Aug 4, 2025 | $175,000 | 1,550 | 2,465 | 64 |
| MI-857054 | 99.4 | May 21, 2025 | $397,300 | 3,997 | 3,153 | 61 |
| MI-286776 | 81.3 | Oct 11, 2024 | $305,100 | 3,754 | 3,527 | 59 |
| MI-774008 | 10.9 | Nov 23, 2024 | $39,500 | 3,612 | 2,885 | 58 |
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.