Comparable sales & offer analysis
Parcel MI-819964
Baraga County, MI · 818 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,022,700
Adjusted value
$1,544,914
Value range
$1,292,012–$1,797,815
Comp $/acre
$1,888/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.8% versus the adjusted value.
Offer position
Max allowable offer
$882,808
Offer $/acre
$1,079/ac
Projected profit
$463,474
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-269477 | 575.1 | Jun 14, 2025 | $1,446,100 | 2,515 | 2,047 | 74 |
| MI-708604 | 305.6 | Oct 8, 2025 | $814,300 | 2,665 | 1,774 | 73 |
| MI-139853 | 755.1 | Nov 12, 2024 | $1,729,400 | 2,290 | 1,445 | 72 |
| MI-439014 | 411.2 | Aug 19, 2025 | $1,148,200 | 2,792 | 2,372 | 71 |
| MI-439827 | 741.1 | Aug 23, 2024 | $2,082,500 | 2,810 | 2,169 | 70 |
| MI-759012 | 410.6 | Nov 13, 2024 | $848,700 | 2,067 | 1,556 | 67 |
| MI-108840 | 362.5 | Jun 6, 2024 | $611,000 | 1,686 | 1,829 | 63 |
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.