Comparable sales & offer analysis
Parcel MI-695823
Baraga County, MI · 40.75 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$164,500
Adjusted value
$132,866
Value range
$113,331–$152,400
Comp $/acre
$3,261/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.8% versus the adjusted value.
Offer position
Max allowable offer
$75,923
Offer $/acre
$1,863/ac
Projected profit
$39,860
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-915048 | 23.2 | Jul 27, 2026 | $80,300 | 3,455 | 3,179 | 86 |
| MI-865929 | 44.0 | Dec 5, 2025 | $118,700 | 2,697 | 2,832 | 81 |
| MI-625600 | 34.7 | Sep 11, 2025 | $140,200 | 4,043 | 3,488 | 77 |
| MI-845103 | 24.2 | Jan 5, 2026 | $81,100 | 3,351 | 2,697 | 77 |
| MI-317232 | 113.1 | Dec 27, 2025 | $256,200 | 2,266 | 2,930 | 69 |
| MI-984551 | 16.2 | Oct 26, 2025 | $87,200 | 5,378 | 4,146 | 67 |
| MI-454808 | 19.5 | Jul 1, 2024 | $121,400 | 6,218 | 3,762 | 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.