Comparable sales & offer analysis
Parcel MI-290339
Delta County, MI · 0.77 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,700
Adjusted value
$2,285
Value range
$1,725–$2,846
Comp $/acre
$2,968/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.6% versus the adjusted value.
Offer position
Max allowable offer
$1,306
Offer $/acre
$1,696/ac
Projected profit
$686
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-980355 | 0.8 | Feb 18, 2026 | $1,200 | 1,548 | 1,859 | 87 |
| MI-330312 | 0.8 | May 30, 2025 | $3,000 | 4,037 | 3,393 | 73 |
| MI-702732 | 4.3 | Jul 27, 2026 | $18,500 | 4,267 | 3,012 | 70 |
| MI-231639 | 2.0 | Sep 24, 2025 | $9,500 | 4,811 | 3,995 | 63 |
| MI-901031 | 1.3 | Nov 17, 2023 | $5,100 | 4,040 | 2,935 | 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.