Comparable sales & offer analysis
Parcel MI-733092
Chippewa County, MI · 5.64 ac · Residential · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,100
Adjusted value
$22,139
Value range
$16,893–$27,386
Comp $/acre
$3,925/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.2% versus the adjusted value.
Offer position
Max allowable offer
$12,651
Offer $/acre
$2,243/ac
Projected profit
$6,642
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-513071 | 5.5 | May 30, 2026 | $17,200 | 3,102 | 4,637 | 84 |
| MI-832660 | 4.1 | Mar 21, 2025 | $10,900 | 2,656 | 2,789 | 77 |
| MI-104584 | 16.6 | Jul 27, 2026 | $42,000 | 2,530 | 2,778 | 74 |
| MI-433570 | 8.0 | May 13, 2024 | $29,600 | 3,712 | 3,427 | 72 |
| MI-731577 | 1.9 | Mar 14, 2025 | $10,800 | 5,745 | 4,856 | 67 |
| MI-773915 | 10.2 | Nov 5, 2025 | $35,000 | 3,424 | 3,533 | 65 |
| MI-953922 | 10.3 | Sep 24, 2024 | $52,800 | 5,133 | 5,809 | 63 |
| MI-632048 | 2.6 | Jan 3, 2026 | $7,500 | 2,816 | 3,294 | 63 |
| MI-532324 | 3.2 | May 11, 2024 | $10,000 | 3,082 | 3,915 | 61 |
| MI-304297 | 13.5 | Apr 10, 2025 | $65,000 | 4,821 | 4,487 | 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.