Comparable sales & offer analysis
Parcel MI-108840
Baraga County, MI · 363 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$571,600
Adjusted value
$592,168
Value range
$460,043–$724,293
Comp $/acre
$1,633/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.5% versus the adjusted value.
Offer position
Max allowable offer
$338,382
Offer $/acre
$933/ac
Projected profit
$177,650
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-439014 | 411.2 | Aug 19, 2025 | $1,148,200 | 2,792 | 2,387 | 80 |
| MI-708604 | 305.6 | Oct 8, 2025 | $814,300 | 2,665 | 1,785 | 78 |
| MI-759012 | 410.6 | Nov 13, 2024 | $848,700 | 2,067 | 1,566 | 75 |
| MI-768138 | 218.0 | Jul 27, 2026 | $612,700 | 2,810 | 1,634 | 74 |
| MI-748190 | 226.4 | Aug 10, 2025 | $410,200 | 1,812 | 1,648 | 73 |
| MI-269477 | 575.1 | Jun 14, 2025 | $1,446,100 | 2,515 | 2,060 | 73 |
| MI-568030 | 201.6 | Oct 10, 2025 | $354,300 | 1,758 | 1,307 | 72 |
| MI-819964 | 818.4 | Feb 23, 2026 | $935,800 | 1,143 | 1,180 | 72 |
| MI-227850 | 176.9 | Nov 9, 2023 | $370,400 | 2,093 | 1,295 | 68 |
| MI-317232 | 113.1 | Dec 27, 2025 | $256,200 | 2,266 | 1,332 | 66 |
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.