Comparable sales & offer analysis
Parcel MI-798162
Chippewa County, MI · 222 ac · Residential · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$409,900
Adjusted value
$460,920
Value range
$385,183–$536,656
Comp $/acre
$2,078/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.1% versus the adjusted value.
Offer position
Max allowable offer
$263,383
Offer $/acre
$1,187/ac
Projected profit
$138,276
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-438551 | 294.0 | Jun 9, 2025 | $670,400 | 2,280 | 2,595 | 79 |
| MI-989189 | 466.8 | Jul 27, 2026 | $488,800 | 1,047 | 1,872 | 74 |
| MI-439531 | 598.0 | Mar 12, 2026 | $799,100 | 1,336 | 2,223 | 68 |
| MI-388698 | 327.1 | Dec 5, 2024 | $817,100 | 2,498 | 2,181 | 66 |
| MI-117255 | 115.0 | Oct 22, 2024 | $177,500 | 1,544 | 2,149 | 62 |
| MI-666678 | 75.7 | Oct 4, 2025 | $212,700 | 2,809 | 1,960 | 59 |
| MI-679020 | 413.0 | Oct 22, 2023 | $301,100 | 729 | 1,402 | 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.