Comparable sales & offer analysis
Parcel MI-227541
St. Clair County, MI · 141 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$315,900
Adjusted value
$461,297
Value range
$419,884–$502,709
Comp $/acre
$3,261/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -31.5% versus the adjusted value.
Offer position
Max allowable offer
$263,598
Offer $/acre
$1,863/ac
Projected profit
$138,389
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-207582 | 145.7 | Jul 27, 2026 | $598,300 | 4,106 | 3,534 | 87 |
| MI-157849 | 176.8 | Jul 27, 2026 | $573,000 | 3,240 | 2,842 | 86 |
| MI-987583 | 145.8 | Nov 27, 2024 | $392,700 | 2,693 | 3,442 | 79 |
| MI-757791 | 169.6 | Apr 9, 2025 | $369,500 | 2,179 | 2,826 | 77 |
| MI-477678 | 156.2 | Dec 28, 2025 | $636,300 | 4,073 | 3,658 | 76 |
| MI-327418 | 129.4 | Aug 9, 2025 | $421,500 | 3,257 | 3,180 | 76 |
| MI-316994 | 95.2 | Aug 30, 2025 | $380,100 | 3,994 | 3,201 | 72 |
| MI-677984 | 195.0 | May 17, 2024 | $478,400 | 2,453 | 3,423 | 70 |
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.