Comparable sales & offer analysis
Parcel MI-499476
St. Clair County, MI · 575 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,439,700
Adjusted value
$1,611,847
Value range
$1,189,145–$2,034,549
Comp $/acre
$2,805/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.7% versus the adjusted value.
Offer position
Max allowable offer
$921,055
Offer $/acre
$1,603/ac
Projected profit
$483,554
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-179560 | 610.7 | Jul 27, 2026 | $2,407,000 | 3,941 | 4,046 | 86 |
| MI-699470 | 572.2 | Jan 4, 2025 | $540,400 | 944 | 2,067 | 81 |
| MI-729338 | 520.0 | Jul 27, 2026 | $1,785,800 | 3,434 | 3,248 | 79 |
| MI-157849 | 176.8 | Jul 27, 2026 | $573,000 | 3,240 | 2,241 | 70 |
| MI-757791 | 169.6 | Apr 9, 2025 | $369,500 | 2,179 | 2,228 | 64 |
| MI-677984 | 195.0 | May 17, 2024 | $478,400 | 2,453 | 2,699 | 57 |
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.
