Comparable sales & offer analysis
Parcel MI-177654
Baraga County, MI · 154 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$475,700
Adjusted value
$543,581
Value range
$433,473–$653,688
Comp $/acre
$3,541/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.5% versus the adjusted value.
Offer position
Max allowable offer
$310,618
Offer $/acre
$2,023/ac
Projected profit
$163,074
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-317232 | 113.1 | Dec 27, 2025 | $256,200 | 2,266 | 2,947 | 80 |
| MI-768138 | 218.0 | Jul 27, 2026 | $612,700 | 2,810 | 3,617 | 79 |
| MI-568030 | 201.6 | Oct 10, 2025 | $354,300 | 1,758 | 2,892 | 77 |
| MI-748190 | 226.4 | Aug 10, 2025 | $410,200 | 1,812 | 3,648 | 74 |
| MI-227850 | 176.9 | Nov 9, 2023 | $370,400 | 2,093 | 2,865 | 71 |
| MI-708604 | 305.6 | Oct 8, 2025 | $814,300 | 2,665 | 3,951 | 70 |
| MI-439014 | 411.2 | Aug 19, 2025 | $1,148,200 | 2,792 | 5,283 | 70 |
| MI-865929 | 44.0 | Dec 5, 2025 | $118,700 | 2,697 | 2,848 | 69 |
| MI-759012 | 410.6 | Nov 13, 2024 | $848,700 | 2,067 | 3,466 | 66 |
| MI-108840 | 362.5 | Jun 6, 2024 | $611,000 | 1,686 | 4,074 | 62 |
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.