Comparable sales & offer analysis
Parcel MI-845103
Baraga County, MI · 24.19 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$86,800
Adjusted value
$111,997
Value range
$97,484–$126,509
Comp $/acre
$4,630/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.5% versus the adjusted value.
Offer position
Max allowable offer
$63,998
Offer $/acre
$2,646/ac
Projected profit
$33,599
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 | 4,051 | 91 |
| MI-984551 | 16.2 | Oct 26, 2025 | $87,200 | 5,378 | 5,284 | 79 |
| MI-695823 | 40.8 | Dec 28, 2025 | $153,300 | 3,762 | 4,948 | 77 |
| MI-625600 | 34.7 | Sep 11, 2025 | $140,200 | 4,043 | 4,445 | 74 |
| MI-454808 | 19.5 | Jul 1, 2024 | $121,400 | 6,218 | 4,796 | 70 |
| MI-865929 | 44.0 | Dec 5, 2025 | $118,700 | 2,697 | 3,608 | 70 |
| MI-314021 | 11.1 | Feb 2, 2025 | $48,600 | 4,395 | 5,413 | 65 |
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.