Comparable sales & offer analysis
Parcel MI-865929
Baraga County, MI · 44.00 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$131,000
Adjusted value
$148,465
Value range
$128,659–$168,271
Comp $/acre
$3,374/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.8% versus the adjusted value.
Offer position
Max allowable offer
$84,837
Offer $/acre
$1,928/ac
Projected profit
$44,539
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-695823 | 40.8 | Dec 28, 2025 | $153,300 | 3,762 | 3,828 | 82 |
| MI-625600 | 34.7 | Sep 11, 2025 | $140,200 | 4,043 | 3,438 | 80 |
| MI-915048 | 23.2 | Jul 27, 2026 | $80,300 | 3,455 | 3,134 | 76 |
| MI-317232 | 113.1 | Dec 27, 2025 | $256,200 | 2,266 | 2,888 | 70 |
| MI-845103 | 24.2 | Jan 5, 2026 | $81,100 | 3,351 | 2,659 | 70 |
| MI-984551 | 16.2 | Oct 26, 2025 | $87,200 | 5,378 | 4,087 | 66 |
| MI-177654 | 153.5 | Jan 22, 2025 | $479,500 | 3,123 | 3,261 | 63 |
| MI-454808 | 19.5 | Jul 1, 2024 | $121,400 | 6,218 | 3,709 | 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.