Comparable sales & offer analysis
Parcel MI-572312
Schoolcraft County, MI · 3.20 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$11,600
Adjusted value
$15,043
Value range
$11,197–$18,888
Comp $/acre
$4,701/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.9% versus the adjusted value.
Offer position
Max allowable offer
$8,596
Offer $/acre
$2,686/ac
Projected profit
$4,513
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-842115 | 2.8 | Apr 28, 2026 | $7,100 | 2,571 | 4,209 | 78 |
| MI-680973 | 1.2 | Feb 14, 2025 | $2,400 | 1,984 | 3,355 | 62 |
| MI-610683 | 1.0 | May 24, 2025 | $3,400 | 3,452 | 4,014 | 61 |
| MI-390814 | 1.1 | Sep 3, 2024 | $3,500 | 3,256 | 4,812 | 61 |
| MI-774008 | 10.9 | Nov 23, 2024 | $39,500 | 3,612 | 4,899 | 57 |
| MI-850871 | 1.1 | Aug 12, 2024 | $5,600 | 4,979 | 7,294 | 56 |
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.