Comparable sales & offer analysis
Parcel MI-832660
Chippewa County, MI · 4.12 ac · Residential · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$12,800
Adjusted value
$16,551
Value range
$12,923–$20,179
Comp $/acre
$4,017/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.7% versus the adjusted value.
Offer position
Max allowable offer
$9,458
Offer $/acre
$2,296/ac
Projected profit
$4,965
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 | 3,409 | 87 |
| MI-513071 | 5.5 | May 30, 2026 | $17,200 | 3,102 | 4,677 | 86 |
| MI-632048 | 2.6 | Jan 3, 2026 | $7,500 | 2,816 | 3,322 | 71 |
| MI-532324 | 3.2 | May 11, 2024 | $10,000 | 3,082 | 3,949 | 70 |
| MI-731577 | 1.9 | Mar 14, 2025 | $10,800 | 5,745 | 4,898 | 67 |
| MI-433570 | 8.0 | May 13, 2024 | $29,600 | 3,712 | 3,457 | 65 |
| MI-641459 | 1.7 | Oct 10, 2024 | $3,700 | 2,115 | 2,627 | 63 |
| MI-773915 | 10.2 | Nov 5, 2025 | $35,000 | 3,424 | 3,563 | 63 |
| MI-953922 | 10.3 | Sep 24, 2024 | $52,800 | 5,133 | 5,860 | 62 |
| MI-304297 | 13.5 | Apr 10, 2025 | $65,000 | 4,821 | 4,526 | 60 |
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.