Comparable sales & offer analysis
Parcel MI-729338
St. Clair County, MI · 520 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,862,200
Adjusted value
$1,513,903
Value range
$1,145,154–$1,882,653
Comp $/acre
$2,911/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.0% versus the adjusted value.
Offer position
Max allowable offer
$865,088
Offer $/acre
$1,664/ac
Projected profit
$454,171
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 | 4,312 | 83 |
| MI-499476 | 574.7 | Apr 30, 2025 | $1,426,700 | 2,483 | 2,805 | 71 |
| MI-699470 | 572.2 | Jan 4, 2025 | $540,400 | 944 | 2,203 | 71 |
| MI-157849 | 176.8 | Jul 27, 2026 | $573,000 | 3,240 | 2,388 | 69 |
| MI-477678 | 156.2 | Dec 28, 2025 | $636,300 | 4,073 | 3,073 | 62 |
| MI-677984 | 195.0 | May 17, 2024 | $478,400 | 2,453 | 2,876 | 57 |
| MI-757791 | 169.6 | Apr 9, 2025 | $369,500 | 2,179 | 2,374 | 56 |
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.