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Comparable sales & offer analysis

Parcel MI-755476

Chippewa County, MI · 31.69 ac · Recreational · Paved · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$81,600
Adjusted value
$100,803
Value range
$78,281–$123,324
Comp $/acre
$3,181/ac

Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.0% versus the adjusted value.

Offer position

Max allowable offer
$57,602
Offer $/acre
$1,818/ac
Projected profit
$30,241
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
MI-10458416.6Jul 27, 2026$42,0002,5302,31876
MI-69572938.1Sep 20, 2025$83,7002,1993,23273
MI-81626556.1May 5, 2026$118,2002,1062,79772
MI-66667875.7Oct 4, 2025$212,7002,8092,94070
MI-22573038.1May 16, 2024$72,7001,9082,51469
MI-77391510.2Nov 5, 2025$35,0003,4242,94864
MI-40451615.8Nov 15, 2023$41,5002,6243,65264
MI-30429713.5Apr 10, 2025$65,0004,8213,74563
MI-95392210.3Sep 24, 2024$52,8005,1334,84861
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.