Comparable sales & offer analysis
Parcel MI-423662
St. Clair County, MI · 8.52 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$41,200
Adjusted value
$49,590
Value range
$38,909–$60,270
Comp $/acre
$5,820/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.9% versus the adjusted value.
Offer position
Max allowable offer
$28,337
Offer $/acre
$3,326/ac
Projected profit
$14,877
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-604383 | 14.4 | Apr 3, 2026 | $75,800 | 5,280 | 6,843 | 80 |
| MI-134929 | 21.3 | Jul 27, 2026 | $57,900 | 2,717 | 4,284 | 73 |
| MI-214472 | 15.3 | Sep 22, 2023 | $80,600 | 5,263 | 7,865 | 71 |
| MI-795246 | 26.8 | Jul 27, 2026 | $113,400 | 4,228 | 5,854 | 69 |
| MI-994235 | 12.9 | Oct 12, 2025 | $69,000 | 5,346 | 5,094 | 68 |
| MI-124519 | 15.8 | May 30, 2024 | $45,100 | 2,844 | 4,717 | 63 |
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.