Comparable sales & offer analysis
Parcel MI-454808
Baraga County, MI · 19.53 ac · Mixed Use · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$117,100
Adjusted value
$123,148
Value range
$102,824–$143,472
Comp $/acre
$6,306/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.9% versus the adjusted value.
Offer position
Max allowable offer
$70,370
Offer $/acre
$3,603/ac
Projected profit
$36,944
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 | 5,752 | 84 |
| MI-845103 | 24.2 | Jan 5, 2026 | $81,100 | 3,351 | 4,880 | 77 |
| MI-984551 | 16.2 | Oct 26, 2025 | $87,200 | 5,378 | 7,502 | 76 |
| MI-695823 | 40.8 | Dec 28, 2025 | $153,300 | 3,762 | 7,026 | 69 |
| MI-314021 | 11.1 | Feb 2, 2025 | $48,600 | 4,395 | 7,684 | 69 |
| MI-865929 | 44.0 | Dec 5, 2025 | $118,700 | 2,697 | 5,123 | 68 |
| MI-625600 | 34.7 | Sep 11, 2025 | $140,200 | 4,043 | 6,310 | 68 |
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.