Comparable sales & offer analysis
Parcel MI-439531
Chippewa County, MI · 598 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$921,700
Adjusted value
$730,763
Value range
$589,088–$872,439
Comp $/acre
$1,222/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.1% versus the adjusted value.
Offer position
Max allowable offer
$417,579
Offer $/acre
$698/ac
Projected profit
$219,229
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 | 1,152 | 85 |
| MI-388698 | 327.1 | Dec 5, 2024 | $817,100 | 2,498 | 1,341 | 69 |
| MI-438551 | 294.0 | Jun 9, 2025 | $670,400 | 2,280 | 1,596 | 69 |
| MI-679020 | 413.0 | Oct 22, 2023 | $301,100 | 729 | 862 | 67 |
| MI-798162 | 221.8 | Jan 4, 2026 | $407,400 | 1,837 | 1,159 | 66 |
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.