Comparable sales & offer analysis
Parcel MI-410966
Baraga County, MI · 1.21 ac · Residential · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,600
Adjusted value
$5,369
Value range
$4,002–$6,736
Comp $/acre
$4,437/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +60.2% versus the adjusted value.
Offer position
Max allowable offer
$3,068
Offer $/acre
$2,535/ac
Projected profit
$1,611
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-220906 | 1.2 | Jul 2, 2026 | $4,000 | 3,434 | 3,347 | 84 |
| MI-511186 | 1.4 | Aug 6, 2025 | $5,500 | 3,875 | 3,378 | 74 |
| MI-112858 | 4.8 | Jun 21, 2025 | $27,500 | 5,768 | 5,205 | 61 |
| MI-314021 | 11.1 | Feb 2, 2025 | $48,600 | 4,395 | 6,263 | 60 |
| MI-903029 | 5.4 | Oct 19, 2023 | $26,000 | 4,828 | 4,688 | 52 |
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.