Comparable sales & offer analysis
Parcel MI-643434
Delta County, MI · 7.22 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,600
Adjusted value
$18,730
Value range
$14,630–$22,830
Comp $/acre
$2,594/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.7% versus the adjusted value.
Offer position
Max allowable offer
$10,703
Offer $/acre
$1,482/ac
Projected profit
$5,619
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-702732 | 4.3 | Jul 27, 2026 | $18,500 | 4,267 | 2,422 | 73 |
| MI-504161 | 12.2 | Apr 9, 2025 | $34,200 | 2,795 | 3,092 | 73 |
| MI-263975 | 10.7 | Jun 14, 2024 | $14,700 | 1,376 | 1,320 | 68 |
| MI-914253 | 13.1 | Nov 23, 2024 | $39,600 | 3,033 | 2,709 | 66 |
| MI-231639 | 2.0 | Sep 24, 2025 | $9,500 | 4,811 | 3,212 | 63 |
| MI-165570 | 33.9 | Oct 18, 2024 | $114,100 | 3,364 | 2,944 | 59 |
| MI-345564 | 33.8 | Mar 1, 2024 | $102,500 | 3,034 | 2,718 | 58 |
| MI-575746 | 38.5 | Mar 3, 2025 | $150,600 | 3,907 | 2,401 | 55 |
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.