Comparable sales & offer analysis
Parcel MI-845103
Baraga County, MI · 24.19 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$86,800
Adjusted value
$112,622
Value range
$98,044–$127,200
Comp $/acre
$4,656/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.9% versus the adjusted value.
Offer position
Max allowable offer
$64,355
Offer $/acre
$2,660/ac
Projected profit
$33,787
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 | 4,073 | 90 |
| MI-984551 | 16.2 | Oct 26, 2025 | $87,200 | 5,378 | 5,312 | 78 |
| MI-695823 | 40.8 | Dec 28, 2025 | $153,300 | 3,762 | 4,975 | 76 |
| MI-625600 | 34.7 | Sep 11, 2025 | $140,200 | 4,043 | 4,469 | 74 |
| MI-454808 | 19.5 | Jul 1, 2024 | $121,400 | 6,218 | 4,821 | 70 |
| MI-865929 | 44.0 | Dec 5, 2025 | $118,700 | 2,697 | 3,628 | 70 |
| MI-314021 | 11.1 | Feb 2, 2025 | $48,600 | 4,395 | 5,441 | 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.