Comparable sales & offer analysis
Parcel MI-980355
Delta County, MI · 0.78 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,300
Adjusted value
$1,986
Value range
$1,525–$2,447
Comp $/acre
$2,546/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -34.5% versus the adjusted value.
Offer position
Max allowable offer
$1,135
Offer $/acre
$1,455/ac
Projected profit
$596
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-290339 | 0.8 | Mar 29, 2025 | $1,400 | 1,824 | 1,640 | 82 |
| MI-330312 | 0.8 | May 30, 2025 | $3,000 | 4,037 | 2,884 | 75 |
| MI-702732 | 4.3 | Jul 27, 2026 | $18,500 | 4,267 | 2,560 | 63 |
| MI-901031 | 1.3 | Nov 17, 2023 | $5,100 | 4,040 | 2,495 | 62 |
| MI-231639 | 2.0 | Sep 24, 2025 | $9,500 | 4,811 | 3,395 | 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.