Comparable sales & offer analysis
Parcel MI-477678
St. Clair County, MI · 156 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$690,900
Adjusted value
$577,570
Value range
$497,558–$657,581
Comp $/acre
$3,697/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.6% versus the adjusted value.
Offer position
Max allowable offer
$330,040
Offer $/acre
$2,113/ac
Projected profit
$173,271
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 | 4,062 | 85 |
| MI-157849 | 176.8 | Jul 27, 2026 | $573,000 | 3,240 | 3,266 | 80 |
| MI-757791 | 169.6 | Apr 9, 2025 | $369,500 | 2,179 | 3,248 | 76 |
| MI-327418 | 129.4 | Aug 9, 2025 | $421,500 | 3,257 | 3,654 | 74 |
| MI-227541 | 141.5 | Jun 13, 2025 | $332,300 | 2,349 | 2,848 | 73 |
| MI-316994 | 95.2 | Aug 30, 2025 | $380,100 | 3,994 | 3,679 | 72 |
| MI-987583 | 145.8 | Nov 27, 2024 | $392,700 | 2,693 | 3,956 | 70 |
| MI-677984 | 195.0 | May 17, 2024 | $478,400 | 2,453 | 3,934 | 70 |
| MI-729338 | 520.0 | Jul 27, 2026 | $1,785,800 | 3,434 | 4,734 | 67 |
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.