Comparable sales & offer analysis
Parcel MI-124519
St. Clair County, MI · 15.84 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$50,000
Adjusted value
$55,121
Value range
$45,637–$64,606
Comp $/acre
$3,480/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.3% versus the adjusted value.
Offer position
Max allowable offer
$31,498
Offer $/acre
$1,989/ac
Projected profit
$16,536
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-134929 | 21.3 | Jul 27, 2026 | $57,900 | 2,717 | 2,839 | 87 |
| MI-604383 | 14.4 | Apr 3, 2026 | $75,800 | 5,280 | 4,534 | 81 |
| MI-795246 | 26.8 | Jul 27, 2026 | $113,400 | 4,228 | 3,879 | 80 |
| MI-994235 | 12.9 | Oct 12, 2025 | $69,000 | 5,346 | 3,375 | 76 |
| MI-225796 | 40.0 | Nov 12, 2025 | $101,500 | 2,540 | 3,017 | 68 |
| MI-423662 | 8.5 | Jul 2, 2024 | $36,800 | 4,318 | 3,115 | 62 |
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.