Comparable sales & offer analysis
Parcel MI-345564
Delta County, MI · 33.78 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$99,800
Adjusted value
$101,219
Value range
$77,276–$125,162
Comp $/acre
$2,996/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.4% versus the adjusted value.
Offer position
Max allowable offer
$57,839
Offer $/acre
$1,712/ac
Projected profit
$30,366
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-165570 | 33.9 | Oct 18, 2024 | $114,100 | 3,364 | 3,625 | 80 |
| MI-575746 | 38.5 | Mar 3, 2025 | $150,600 | 3,907 | 2,956 | 77 |
| MI-116932 | 91.0 | Sep 13, 2025 | $154,800 | 1,701 | 3,190 | 68 |
| MI-937179 | 108.8 | Nov 10, 2024 | $170,000 | 1,562 | 2,152 | 66 |
| MI-914253 | 13.1 | Nov 23, 2024 | $39,600 | 3,033 | 3,336 | 65 |
| MI-504161 | 12.2 | Apr 9, 2025 | $34,200 | 2,795 | 3,807 | 65 |
| MI-263975 | 10.7 | Jun 14, 2024 | $14,700 | 1,376 | 1,626 | 58 |
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.