Comparable sales & offer analysis
Parcel MI-532324
Chippewa County, MI · 3.23 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$11,300
Adjusted value
$10,271
Value range
$7,476–$13,065
Comp $/acre
$3,180/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.0% versus the adjusted value.
Offer position
Max allowable offer
$5,869
Offer $/acre
$1,817/ac
Projected profit
$3,081
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-632048 | 2.6 | Jan 3, 2026 | $7,500 | 2,816 | 2,855 | 79 |
| MI-513071 | 5.5 | May 30, 2026 | $17,200 | 3,102 | 4,019 | 73 |
| MI-733092 | 5.6 | Jul 15, 2026 | $18,900 | 3,350 | 2,930 | 72 |
| MI-832660 | 4.1 | Mar 21, 2025 | $10,900 | 2,656 | 2,417 | 72 |
| MI-773915 | 10.2 | Nov 5, 2025 | $35,000 | 3,424 | 3,062 | 67 |
| MI-641459 | 1.7 | Oct 10, 2024 | $3,700 | 2,115 | 2,257 | 67 |
| MI-731577 | 1.9 | Mar 14, 2025 | $10,800 | 5,745 | 4,208 | 65 |
| MI-580728 | 1.0 | Apr 8, 2026 | $3,800 | 3,740 | 2,204 | 64 |
| MI-953922 | 10.3 | Sep 24, 2024 | $52,800 | 5,133 | 5,034 | 62 |
| MI-433570 | 8.0 | May 13, 2024 | $29,600 | 3,712 | 2,970 | 59 |
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.