Comparable sales & offer analysis
Parcel MI-632048
Chippewa County, MI · 2.65 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$8,800
Adjusted value
$8,226
Value range
$6,275–$10,176
Comp $/acre
$3,104/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.0% versus the adjusted value.
Offer position
Max allowable offer
$4,700
Offer $/acre
$1,774/ac
Projected profit
$2,468
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 | 4,067 | 72 |
| MI-532324 | 3.2 | May 11, 2024 | $10,000 | 3,082 | 3,434 | 72 |
| MI-733092 | 5.6 | Jul 15, 2026 | $18,900 | 3,350 | 2,965 | 68 |
| MI-832660 | 4.1 | Mar 21, 2025 | $10,900 | 2,656 | 2,446 | 66 |
| MI-580728 | 1.0 | Apr 8, 2026 | $3,800 | 3,740 | 2,231 | 66 |
| MI-731577 | 1.9 | Mar 14, 2025 | $10,800 | 5,745 | 4,260 | 65 |
| MI-641459 | 1.7 | Oct 10, 2024 | $3,700 | 2,115 | 2,285 | 65 |
| MI-433570 | 8.0 | May 13, 2024 | $29,600 | 3,712 | 3,006 | 54 |
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.