Comparable sales & offer analysis
Parcel MI-903029
Baraga County, MI · 5.38 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$27,900
Adjusted value
$30,849
Value range
$24,140–$37,559
Comp $/acre
$5,734/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.6% versus the adjusted value.
Offer position
Max allowable offer
$17,628
Offer $/acre
$3,277/ac
Projected profit
$9,255
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 | 6,027 | 77 |
| MI-314021 | 11.1 | Feb 2, 2025 | $48,600 | 4,395 | 7,252 | 67 |
| MI-915048 | 23.2 | Jul 27, 2026 | $80,300 | 3,455 | 5,429 | 67 |
| MI-511186 | 1.4 | Aug 6, 2025 | $5,500 | 3,875 | 3,912 | 65 |
| MI-984551 | 16.2 | Oct 26, 2025 | $87,200 | 5,378 | 7,080 | 64 |
| MI-410966 | 1.2 | Jun 5, 2026 | $7,100 | 5,885 | 6,909 | 63 |
| MI-220906 | 1.2 | Jul 2, 2026 | $4,000 | 3,434 | 3,876 | 63 |
| MI-845103 | 24.2 | Jan 5, 2026 | $81,100 | 3,351 | 4,606 | 61 |
| MI-454808 | 19.5 | Jul 1, 2024 | $121,400 | 6,218 | 6,425 | 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.