Comparable sales & offer analysis
Parcel MI-423662
St. Clair County, MI · 8.52 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$41,200
Adjusted value
$46,317
Value range
$38,308–$54,326
Comp $/acre
$5,436/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.0% versus the adjusted value.
Offer position
Max allowable offer
$26,467
Offer $/acre
$3,106/ac
Projected profit
$13,895
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 | 6,881 | 79 |
| MI-134929 | 21.3 | Jul 27, 2026 | $57,900 | 2,717 | 4,308 | 71 |
| MI-795246 | 26.8 | Jul 27, 2026 | $113,400 | 4,228 | 5,887 | 67 |
| MI-994235 | 12.9 | Oct 12, 2025 | $69,000 | 5,346 | 5,121 | 67 |
| MI-124519 | 15.8 | May 30, 2024 | $45,100 | 2,844 | 4,741 | 62 |
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.