Comparable sales & offer analysis
Parcel MI-179560
St. Clair County, MI · 611 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,385,500
Adjusted value
$1,559,084
Value range
$1,304,611–$1,813,557
Comp $/acre
$2,553/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +53.0% versus the adjusted value.
Offer position
Max allowable offer
$890,905
Offer $/acre
$1,459/ac
Projected profit
$467,725
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-729338 | 520.0 | Jul 27, 2026 | $1,785,800 | 3,434 | 3,188 | 83 |
| MI-499476 | 574.7 | Apr 30, 2025 | $1,426,700 | 2,483 | 2,583 | 78 |
| MI-699470 | 572.2 | Jan 4, 2025 | $540,400 | 944 | 2,029 | 72 |
| MI-157849 | 176.8 | Jul 27, 2026 | $573,000 | 3,240 | 2,200 | 65 |
| MI-677984 | 195.0 | May 17, 2024 | $478,400 | 2,453 | 2,649 | 60 |
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.