Comparable sales & offer analysis
Parcel MI-263975
Delta County, MI · 10.68 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$16,800
Adjusted value
$34,077
Value range
$31,351–$36,804
Comp $/acre
$3,191/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -50.7% versus the adjusted value.
Offer position
Max allowable offer
$19,473
Offer $/acre
$1,823/ac
Projected profit
$10,223
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-504161 | 12.2 | Apr 9, 2025 | $34,200 | 2,795 | 3,535 | 77 |
| MI-914253 | 13.1 | Nov 23, 2024 | $39,600 | 3,033 | 3,098 | 72 |
| MI-702732 | 4.3 | Jul 27, 2026 | $18,500 | 4,267 | 2,770 | 71 |
| MI-643434 | 7.2 | Nov 20, 2024 | $19,100 | 2,641 | 3,256 | 70 |
| MI-165570 | 33.9 | Oct 18, 2024 | $114,100 | 3,364 | 3,366 | 58 |
| MI-345564 | 33.8 | Mar 1, 2024 | $102,500 | 3,034 | 3,108 | 57 |
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.