Comparable sales & offer analysis
Parcel MI-729338
St. Clair County, MI · 520 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,862,200
Adjusted value
$1,506,386
Value range
$1,139,338–$1,873,434
Comp $/acre
$2,897/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.6% versus the adjusted value.
Offer position
Max allowable offer
$860,792
Offer $/acre
$1,655/ac
Projected profit
$451,916
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 | 4,288 | 84 |
| MI-499476 | 574.7 | Apr 30, 2025 | $1,426,700 | 2,483 | 2,790 | 72 |
| MI-699470 | 572.2 | Jan 4, 2025 | $540,400 | 944 | 2,191 | 72 |
| MI-157849 | 176.8 | Jul 27, 2026 | $573,000 | 3,240 | 2,375 | 70 |
| MI-477678 | 156.2 | Dec 28, 2025 | $636,300 | 4,073 | 3,057 | 63 |
| MI-677984 | 195.0 | May 17, 2024 | $478,400 | 2,453 | 2,861 | 57 |
| MI-757791 | 169.6 | Apr 9, 2025 | $369,500 | 2,179 | 2,362 | 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.
