Comparable sales & offer analysis
Parcel MI-112858
Baraga County, MI · 4.76 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$32,300
Adjusted value
$26,981
Value range
$21,024–$32,938
Comp $/acre
$5,668/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.7% versus the adjusted value.
Offer position
Max allowable offer
$15,418
Offer $/acre
$3,239/ac
Projected profit
$8,094
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-903029 | 5.4 | Oct 19, 2023 | $26,000 | 4,828 | 5,448 | 72 |
| MI-410966 | 1.2 | Jun 5, 2026 | $7,100 | 5,885 | 6,930 | 69 |
| MI-220906 | 1.2 | Jul 2, 2026 | $4,000 | 3,434 | 3,888 | 69 |
| MI-915048 | 23.2 | Jul 27, 2026 | $80,300 | 3,455 | 5,446 | 66 |
| MI-984551 | 16.2 | Oct 26, 2025 | $87,200 | 5,378 | 7,103 | 64 |
| MI-845103 | 24.2 | Jan 5, 2026 | $81,100 | 3,351 | 4,621 | 64 |
| MI-314021 | 11.1 | Feb 2, 2025 | $48,600 | 4,395 | 7,277 | 62 |
| MI-511186 | 1.4 | Aug 6, 2025 | $5,500 | 3,875 | 3,925 | 60 |
| MI-454808 | 19.5 | Jul 1, 2024 | $121,400 | 6,218 | 6,448 | 57 |
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.