Comparable sales & offer analysis
Parcel MI-731577
Chippewa County, MI · 1.88 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$10,600
Adjusted value
$7,751
Value range
$6,088–$9,414
Comp $/acre
$4,123/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +36.8% versus the adjusted value.
Offer position
Max allowable offer
$4,429
Offer $/acre
$2,356/ac
Projected profit
$2,325
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-733092 | 5.6 | Jul 15, 2026 | $18,900 | 3,350 | 4,238 | 77 |
| MI-641459 | 1.7 | Oct 10, 2024 | $3,700 | 2,115 | 3,266 | 76 |
| MI-580728 | 1.0 | Apr 8, 2026 | $3,800 | 3,740 | 3,189 | 76 |
| MI-513071 | 5.5 | May 30, 2026 | $17,200 | 3,102 | 5,813 | 71 |
| MI-632048 | 2.6 | Jan 3, 2026 | $7,500 | 2,816 | 4,129 | 70 |
| MI-832660 | 4.1 | Mar 21, 2025 | $10,900 | 2,656 | 3,497 | 67 |
| MI-532324 | 3.2 | May 11, 2024 | $10,000 | 3,082 | 4,909 | 63 |
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.