Comparable sales & offer analysis
Parcel MI-580728
Chippewa County, MI · 1.02 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,400
Adjusted value
$5,573
Value range
$4,322–$6,824
Comp $/acre
$5,464/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.1% versus the adjusted value.
Offer position
Max allowable offer
$3,185
Offer $/acre
$3,122/ac
Projected profit
$1,672
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-731577 | 1.9 | Mar 14, 2025 | $10,800 | 5,745 | 7,286 | 68 |
| MI-641459 | 1.7 | Oct 10, 2024 | $3,700 | 2,115 | 3,908 | 67 |
| MI-733092 | 5.6 | Jul 15, 2026 | $18,900 | 3,350 | 5,073 | 66 |
| MI-632048 | 2.6 | Jan 3, 2026 | $7,500 | 2,816 | 4,942 | 63 |
| MI-513071 | 5.5 | May 30, 2026 | $17,200 | 3,102 | 6,958 | 62 |
| MI-832660 | 4.1 | Mar 21, 2025 | $10,900 | 2,656 | 4,184 | 60 |
| MI-532324 | 3.2 | May 11, 2024 | $10,000 | 3,082 | 5,874 | 54 |
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.