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Comparable sales & offer analysis

Parcel WI-962812

Bayfield County, WI · 4.60 ac · Mixed Use · Paved · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$22,700
Adjusted value
$19,595
Value range
$15,789–$23,400
Comp $/acre
$4,260/ac

Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.8% versus the adjusted value.

Offer position

Max allowable offer
$11,197
Offer $/acre
$2,434/ac
Projected profit
$5,878
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
WI-60426513.2Jul 27, 2026$47,1003,5753,17972
WI-7829755.2Apr 18, 2024$16,9003,2605,33571
WI-9934707.4Jun 5, 2024$22,1002,9823,96167
WI-59445715.2Sep 1, 2025$35,5002,3464,63566
WI-2233546.8Nov 5, 2024$21,6003,1742,87566
WI-3513311.6Feb 28, 2026$8,8005,6124,59265
WI-6915361.8Jun 14, 2025$6,6003,5824,44863
WI-7814661.7Aug 14, 2025$7,5004,3185,13361
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.