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Comparable sales & offer analysis

Parcel WI-347991

Bayfield County, WI · 196 ac · Unzoned · Paved · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$387,500
Adjusted value
$543,503
Value range
$391,322–$695,684
Comp $/acre
$2,773/ac

Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.7% versus the adjusted value.

Offer position

Max allowable offer
$310,573
Offer $/acre
$1,585/ac
Projected profit
$163,051
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-648021200.3Jul 27, 2026$276,8001,3822,86190
WI-667446132.1Jul 27, 2026$354,6002,6852,35383
WI-647815172.5Mar 23, 2026$302,0001,7502,37181
WI-927899183.3Jan 22, 2026$318,3001,7362,49578
WI-44685486.0Jul 27, 2026$126,7001,4731,66575
WI-48703297.8Jul 14, 2026$498,6005,0964,28674
WI-62636360.3May 26, 2026$349,5005,8003,59766
WI-758863368.6Jan 31, 2025$332,9009031,87161
WI-83652968.0Sep 10, 2024$218,2003,2103,66360
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.