Comparable sales & offer analysis
Parcel MI-286776
Schoolcraft County, MI · 81.28 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$330,600
Adjusted value
$280,878
Value range
$222,868–$338,888
Comp $/acre
$3,456/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +17.7% versus the adjusted value.
Offer position
Max allowable offer
$160,502
Offer $/acre
$1,975/ac
Projected profit
$84,263
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 | 4,573 | 86 |
| MI-697311 | 119.8 | Apr 26, 2026 | $277,000 | 2,313 | 3,597 | 83 |
| MI-857054 | 99.4 | May 21, 2025 | $397,300 | 3,997 | 3,636 | 72 |
| MI-268279 | 241.4 | Jul 27, 2026 | $458,400 | 1,899 | 4,109 | 71 |
| MI-615556 | 33.6 | Jul 27, 2026 | $68,200 | 2,032 | 2,349 | 69 |
| MI-117673 | 155.7 | Mar 19, 2025 | $224,300 | 1,441 | 3,137 | 69 |
| MI-408455 | 274.3 | Jul 4, 2026 | $481,300 | 1,755 | 3,479 | 68 |
| MI-718274 | 240.6 | May 5, 2026 | $419,900 | 1,745 | 4,095 | 67 |
| MI-187230 | 112.9 | Aug 4, 2025 | $175,000 | 1,550 | 2,843 | 67 |
| MI-615814 | 40.5 | Jan 16, 2025 | $87,300 | 2,156 | 2,356 | 66 |
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.