Comparable sales & offer analysis
Parcel MI-575746
Delta County, MI · 38.54 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$179,700
Adjusted value
$177,028
Value range
$149,083–$204,973
Comp $/acre
$4,593/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.5% versus the adjusted value.
Offer position
Max allowable offer
$101,159
Offer $/acre
$2,625/ac
Projected profit
$53,108
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 | 5,111 | 75 |
| MI-345564 | 33.8 | Mar 1, 2024 | $102,500 | 3,034 | 4,719 | 73 |
| MI-914253 | 13.1 | Nov 23, 2024 | $39,600 | 3,033 | 4,703 | 64 |
| MI-116932 | 91.0 | Sep 13, 2025 | $154,800 | 1,701 | 4,499 | 62 |
| MI-937179 | 108.8 | Nov 10, 2024 | $170,000 | 1,562 | 3,034 | 61 |
| MI-504161 | 12.2 | Apr 9, 2025 | $34,200 | 2,795 | 5,368 | 60 |
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.