Comparable sales & offer analysis
Parcel MI-615556
Schoolcraft County, MI · 33.58 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$77,200
Adjusted value
$97,805
Value range
$79,392–$116,219
Comp $/acre
$2,913/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.1% versus the adjusted value.
Offer position
Max allowable offer
$55,889
Offer $/acre
$1,664/ac
Projected profit
$29,342
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 | 2,852 | 79 |
| MI-615814 | 40.5 | Jan 16, 2025 | $87,300 | 2,156 | 2,054 | 75 |
| MI-745153 | 25.1 | Mar 20, 2025 | $67,000 | 2,670 | 2,715 | 71 |
| MI-904744 | 18.6 | Apr 3, 2026 | $62,200 | 3,337 | 2,690 | 71 |
| MI-256974 | 93.8 | Jul 27, 2026 | $411,400 | 4,385 | 3,987 | 70 |
| MI-187230 | 112.9 | Aug 4, 2025 | $175,000 | 1,550 | 2,478 | 63 |
| MI-857054 | 99.4 | May 21, 2025 | $397,300 | 3,997 | 3,170 | 60 |
| MI-286776 | 81.3 | Oct 11, 2024 | $305,100 | 3,754 | 3,545 | 59 |
| MI-774008 | 10.9 | Nov 23, 2024 | $39,500 | 3,612 | 2,900 | 57 |
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.