Comparable sales & offer analysis
Parcel MI-903029
Baraga County, MI · 5.38 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$27,900
Adjusted value
$30,672
Value range
$23,995–$37,348
Comp $/acre
$5,701/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.0% versus the adjusted value.
Offer position
Max allowable offer
$17,527
Offer $/acre
$3,258/ac
Projected profit
$9,201
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-112858 | 4.8 | Jun 21, 2025 | $27,500 | 5,768 | 5,995 | 78 |
| MI-915048 | 23.2 | Jul 27, 2026 | $80,300 | 3,455 | 5,399 | 68 |
| MI-314021 | 11.1 | Feb 2, 2025 | $48,600 | 4,395 | 7,214 | 68 |
| MI-511186 | 1.4 | Aug 6, 2025 | $5,500 | 3,875 | 3,891 | 66 |
| MI-984551 | 16.2 | Oct 26, 2025 | $87,200 | 5,378 | 7,042 | 65 |
| MI-410966 | 1.2 | Jun 5, 2026 | $7,100 | 5,885 | 6,871 | 65 |
| MI-220906 | 1.2 | Jul 2, 2026 | $4,000 | 3,434 | 3,854 | 65 |
| MI-845103 | 24.2 | Jan 5, 2026 | $81,100 | 3,351 | 4,581 | 62 |
| MI-454808 | 19.5 | Jul 1, 2024 | $121,400 | 6,218 | 6,392 | 58 |
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.