Comparable sales & offer analysis
Parcel MI-317232
Baraga County, MI · 113 ac · Residential · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$278,200
Adjusted value
$309,540
Value range
$270,531–$348,549
Comp $/acre
$2,737/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.1% versus the adjusted value.
Offer position
Max allowable offer
$176,880
Offer $/acre
$1,564/ac
Projected profit
$92,862
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-768138 | 218.0 | Jul 27, 2026 | $612,700 | 2,810 | 2,871 | 76 |
| MI-568030 | 201.6 | Oct 10, 2025 | $354,300 | 1,758 | 2,295 | 75 |
| MI-177654 | 153.5 | Jan 22, 2025 | $479,500 | 3,123 | 2,641 | 74 |
| MI-865929 | 44.0 | Dec 5, 2025 | $118,700 | 2,697 | 2,260 | 70 |
| MI-748190 | 226.4 | Aug 10, 2025 | $410,200 | 1,812 | 2,895 | 69 |
| MI-695823 | 40.8 | Dec 28, 2025 | $153,300 | 3,762 | 3,100 | 69 |
| MI-625600 | 34.7 | Sep 11, 2025 | $140,200 | 4,043 | 2,784 | 69 |
| MI-708604 | 305.6 | Oct 8, 2025 | $814,300 | 2,665 | 3,135 | 66 |
| MI-227850 | 176.9 | Nov 9, 2023 | $370,400 | 2,093 | 2,273 | 65 |
| MI-108840 | 362.5 | Jun 6, 2024 | $611,000 | 1,686 | 3,232 | 58 |
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.