Comparable sales & offer analysis
Parcel MI-439531
Chippewa County, MI · 598 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$921,700
Adjusted value
$726,996
Value range
$586,317–$867,676
Comp $/acre
$1,216/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.8% versus the adjusted value.
Offer position
Max allowable offer
$415,427
Offer $/acre
$695/ac
Projected profit
$218,099
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-989189 | 466.8 | Jul 27, 2026 | $488,800 | 1,047 | 1,145 | 86 |
| MI-388698 | 327.1 | Dec 5, 2024 | $817,100 | 2,498 | 1,334 | 70 |
| MI-438551 | 294.0 | Jun 9, 2025 | $670,400 | 2,280 | 1,587 | 70 |
| MI-679020 | 413.0 | Oct 22, 2023 | $301,100 | 729 | 858 | 67 |
| MI-798162 | 221.8 | Jan 4, 2026 | $407,400 | 1,837 | 1,153 | 67 |
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.