Comparable sales & offer analysis
Parcel MI-220906
Baraga County, MI · 1.16 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$4,800
Adjusted value
$6,046
Value range
$4,765–$7,328
Comp $/acre
$5,212/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.6% versus the adjusted value.
Offer position
Max allowable offer
$3,455
Offer $/acre
$2,978/ac
Projected profit
$1,814
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-410966 | 1.2 | Jun 5, 2026 | $7,100 | 5,885 | 6,154 | 84 |
| MI-511186 | 1.4 | Aug 6, 2025 | $5,500 | 3,875 | 3,485 | 78 |
| MI-112858 | 4.8 | Jun 21, 2025 | $27,500 | 5,768 | 5,369 | 61 |
| MI-314021 | 11.1 | Feb 2, 2025 | $48,600 | 4,395 | 6,462 | 53 |
| MI-903029 | 5.4 | Oct 19, 2023 | $26,000 | 4,828 | 4,838 | 51 |
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.