Comparable sales & offer analysis
Parcel MI-314021
Baraga County, MI · 11.05 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$58,300
Adjusted value
$41,828
Value range
$36,445–$47,211
Comp $/acre
$3,785/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +39.4% versus the adjusted value.
Offer position
Max allowable offer
$23,901
Offer $/acre
$2,163/ac
Projected profit
$12,548
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-984551 | 16.2 | Oct 26, 2025 | $87,200 | 5,378 | 4,566 | 80 |
| MI-915048 | 23.2 | Jul 27, 2026 | $80,300 | 3,455 | 3,501 | 76 |
| MI-845103 | 24.2 | Jan 5, 2026 | $81,100 | 3,351 | 2,970 | 70 |
| MI-625600 | 34.7 | Sep 11, 2025 | $140,200 | 4,043 | 3,841 | 68 |
| MI-454808 | 19.5 | Jul 1, 2024 | $121,400 | 6,218 | 4,145 | 67 |
| MI-112858 | 4.8 | Jun 21, 2025 | $27,500 | 5,768 | 3,887 | 64 |
| MI-903029 | 5.4 | Oct 19, 2023 | $26,000 | 4,828 | 3,502 | 64 |
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.