Comparable sales & offer analysis
Parcel MI-390814
Schoolcraft County, MI · 1.08 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$4,000
Adjusted value
$4,301
Value range
$3,097–$5,505
Comp $/acre
$3,982/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.0% versus the adjusted value.
Offer position
Max allowable offer
$2,458
Offer $/acre
$2,276/ac
Projected profit
$1,290
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-440288 | 0.7 | Jul 27, 2026 | $4,400 | 5,964 | 5,048 | 80 |
| MI-650011 | 0.6 | Jul 27, 2026 | $3,200 | 5,301 | 3,808 | 75 |
| MI-680973 | 1.2 | Feb 14, 2025 | $2,400 | 1,984 | 2,455 | 73 |
| MI-610683 | 1.0 | May 24, 2025 | $3,400 | 3,452 | 2,938 | 71 |
| MI-572312 | 3.2 | Mar 27, 2026 | $11,700 | 3,647 | 2,727 | 70 |
| MI-842115 | 2.8 | Apr 28, 2026 | $7,100 | 2,571 | 3,080 | 69 |
| MI-850871 | 1.1 | Aug 12, 2024 | $5,600 | 4,979 | 5,339 | 69 |
| MI-410171 | 0.7 | Jan 16, 2025 | $4,700 | 6,961 | 5,325 | 68 |
| MI-920131 | 0.7 | Jun 6, 2024 | $2,700 | 4,140 | 5,235 | 64 |
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.