Comparable sales & offer analysis
Parcel MI-695729
Chippewa County, MI · 38.07 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$85,000
Adjusted value
$78,818
Value range
$65,916–$91,720
Comp $/acre
$2,070/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.8% versus the adjusted value.
Offer position
Max allowable offer
$45,039
Offer $/acre
$1,183/ac
Projected profit
$23,645
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-816265 | 56.1 | May 5, 2026 | $118,200 | 2,106 | 1,986 | 77 |
| MI-104584 | 16.6 | Jul 27, 2026 | $42,000 | 2,530 | 1,646 | 76 |
| MI-225730 | 38.1 | May 16, 2024 | $72,700 | 1,908 | 1,785 | 74 |
| MI-755476 | 31.7 | Jan 15, 2026 | $80,000 | 2,526 | 1,837 | 74 |
| MI-666678 | 75.7 | Oct 4, 2025 | $212,700 | 2,809 | 2,087 | 68 |
| MI-117255 | 115.0 | Oct 22, 2024 | $177,500 | 1,544 | 2,287 | 59 |
| MI-404516 | 15.8 | Nov 15, 2023 | $41,500 | 2,624 | 2,592 | 58 |
| MI-304297 | 13.5 | Apr 10, 2025 | $65,000 | 4,821 | 2,659 | 56 |
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.