Comparable sales & offer analysis
Parcel MI-755476
Chippewa County, MI · 31.69 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$81,600
Adjusted value
$101,392
Value range
$78,743–$124,040
Comp $/acre
$3,199/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.5% versus the adjusted value.
Offer position
Max allowable offer
$57,938
Offer $/acre
$1,828/ac
Projected profit
$30,417
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-104584 | 16.6 | Jul 27, 2026 | $42,000 | 2,530 | 2,331 | 75 |
| MI-695729 | 38.1 | Sep 20, 2025 | $83,700 | 2,199 | 3,250 | 72 |
| MI-816265 | 56.1 | May 5, 2026 | $118,200 | 2,106 | 2,813 | 71 |
| MI-666678 | 75.7 | Oct 4, 2025 | $212,700 | 2,809 | 2,955 | 69 |
| MI-225730 | 38.1 | May 16, 2024 | $72,700 | 1,908 | 2,527 | 68 |
| MI-404516 | 15.8 | Nov 15, 2023 | $41,500 | 2,624 | 3,671 | 63 |
| MI-773915 | 10.2 | Nov 5, 2025 | $35,000 | 3,424 | 2,964 | 63 |
| MI-304297 | 13.5 | Apr 10, 2025 | $65,000 | 4,821 | 3,765 | 63 |
| MI-953922 | 10.3 | Sep 24, 2024 | $52,800 | 5,133 | 4,874 | 60 |
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.