Comparable sales & offer analysis
Parcel MI-666678
Chippewa County, MI · 75.71 ac · Recreational · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$227,200
Adjusted value
$214,630
Value range
$193,880–$235,379
Comp $/acre
$2,835/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.9% versus the adjusted value.
Offer position
Max allowable offer
$122,646
Offer $/acre
$1,620/ac
Projected profit
$64,389
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 | 2,770 | 80 |
| MI-755476 | 31.7 | Jan 15, 2026 | $80,000 | 2,526 | 2,563 | 72 |
| MI-695729 | 38.1 | Sep 20, 2025 | $83,700 | 2,199 | 3,201 | 69 |
| MI-117255 | 115.0 | Oct 22, 2024 | $177,500 | 1,544 | 3,190 | 67 |
| MI-225730 | 38.1 | May 16, 2024 | $72,700 | 1,908 | 2,490 | 63 |
| MI-798162 | 221.8 | Jan 4, 2026 | $407,400 | 1,837 | 2,797 | 61 |
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.