Comparable sales & offer analysis
Parcel MI-708604
Baraga County, MI · 306 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$794,400
Adjusted value
$783,467
Value range
$617,164–$949,771
Comp $/acre
$2,564/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.4% versus the adjusted value.
Offer position
Max allowable offer
$447,696
Offer $/acre
$1,465/ac
Projected profit
$235,040
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-768138 | 218.0 | Jul 27, 2026 | $612,700 | 2,810 | 2,541 | 78 |
| MI-748190 | 226.4 | Aug 10, 2025 | $410,200 | 1,812 | 2,563 | 76 |
| MI-819964 | 818.4 | Feb 23, 2026 | $935,800 | 1,143 | 1,835 | 75 |
| MI-439014 | 411.2 | Aug 19, 2025 | $1,148,200 | 2,792 | 3,711 | 75 |
| MI-759012 | 410.6 | Nov 13, 2024 | $848,700 | 2,067 | 2,434 | 74 |
| MI-568030 | 201.6 | Oct 10, 2025 | $354,300 | 1,758 | 2,031 | 72 |
| MI-269477 | 575.1 | Jun 14, 2025 | $1,446,100 | 2,515 | 3,203 | 72 |
| MI-108840 | 362.5 | Jun 6, 2024 | $611,000 | 1,686 | 2,861 | 72 |
| MI-317232 | 113.1 | Dec 27, 2025 | $256,200 | 2,266 | 2,070 | 67 |
| MI-177654 | 153.5 | Jan 22, 2025 | $479,500 | 3,123 | 2,337 | 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.