Comparable sales & offer analysis
Parcel MI-304297
Chippewa County, MI · 13.49 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$68,100
Adjusted value
$57,912
Value range
$44,046–$71,777
Comp $/acre
$4,293/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +17.6% versus the adjusted value.
Offer position
Max allowable offer
$33,092
Offer $/acre
$2,453/ac
Projected profit
$17,374
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 | 3,153 | 79 |
| MI-773915 | 10.2 | Nov 5, 2025 | $35,000 | 3,424 | 4,011 | 75 |
| MI-513071 | 5.5 | May 30, 2026 | $17,200 | 3,102 | 5,263 | 72 |
| MI-953922 | 10.3 | Sep 24, 2024 | $52,800 | 5,133 | 6,596 | 71 |
| MI-404516 | 15.8 | Nov 15, 2023 | $41,500 | 2,624 | 4,968 | 71 |
| MI-733092 | 5.6 | Jul 15, 2026 | $18,900 | 3,350 | 3,837 | 68 |
| MI-755476 | 31.7 | Jan 15, 2026 | $80,000 | 2,526 | 3,520 | 68 |
| MI-433570 | 8.0 | May 13, 2024 | $29,600 | 3,712 | 3,891 | 66 |
| MI-832660 | 4.1 | Mar 21, 2025 | $10,900 | 2,656 | 3,166 | 60 |
| MI-695729 | 38.1 | Sep 20, 2025 | $83,700 | 2,199 | 4,397 | 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.