Comparable sales & offer analysis
Parcel MI-857054
Schoolcraft County, MI · 99.41 ac · Agricultural · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$458,800
Adjusted value
$417,116
Value range
$343,113–$491,120
Comp $/acre
$4,196/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.0% versus the adjusted value.
Offer position
Max allowable offer
$238,352
Offer $/acre
$2,398/ac
Projected profit
$125,135
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-256974 | 93.8 | Jul 27, 2026 | $411,400 | 4,385 | 5,316 | 84 |
| MI-187230 | 112.9 | Aug 4, 2025 | $175,000 | 1,550 | 3,304 | 77 |
| MI-697311 | 119.8 | Apr 26, 2026 | $277,000 | 2,313 | 4,181 | 76 |
| MI-718274 | 240.6 | May 5, 2026 | $419,900 | 1,745 | 4,760 | 75 |
| MI-268279 | 241.4 | Jul 27, 2026 | $458,400 | 1,899 | 4,776 | 72 |
| MI-537869 | 179.4 | Jun 29, 2025 | $248,800 | 1,387 | 4,242 | 71 |
| MI-286776 | 81.3 | Oct 11, 2024 | $305,100 | 3,754 | 4,727 | 70 |
| MI-117673 | 155.7 | Mar 19, 2025 | $224,300 | 1,441 | 3,646 | 70 |
| MI-615556 | 33.6 | Jul 27, 2026 | $68,200 | 2,032 | 2,731 | 69 |
| MI-408455 | 274.3 | Jul 4, 2026 | $481,300 | 1,755 | 4,045 | 67 |
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.