Comparable sales & offer analysis
Parcel MI-984551
Baraga County, MI · 16.22 ac · Residential · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$83,000
Adjusted value
$74,383
Value range
$63,863–$84,902
Comp $/acre
$4,586/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.6% versus the adjusted value.
Offer position
Max allowable offer
$42,504
Offer $/acre
$2,620/ac
Projected profit
$22,315
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-915048 | 23.2 | Jul 27, 2026 | $80,300 | 3,455 | 4,262 | 81 |
| MI-845103 | 24.2 | Jan 5, 2026 | $81,100 | 3,351 | 3,617 | 80 |
| MI-314021 | 11.1 | Feb 2, 2025 | $48,600 | 4,395 | 5,696 | 76 |
| MI-625600 | 34.7 | Sep 11, 2025 | $140,200 | 4,043 | 4,677 | 75 |
| MI-454808 | 19.5 | Jul 1, 2024 | $121,400 | 6,218 | 5,047 | 71 |
| MI-695823 | 40.8 | Dec 28, 2025 | $153,300 | 3,762 | 5,207 | 69 |
| MI-865929 | 44.0 | Dec 5, 2025 | $118,700 | 2,697 | 3,797 | 68 |
| MI-112858 | 4.8 | Jun 21, 2025 | $27,500 | 5,768 | 4,733 | 62 |
| MI-903029 | 5.4 | Oct 19, 2023 | $26,000 | 4,828 | 4,264 | 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.