Comparable sales & offer analysis
Parcel MI-116932
Delta County, MI · 91.00 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$163,500
Adjusted value
$152,218
Value range
$126,433–$178,003
Comp $/acre
$1,673/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.4% versus the adjusted value.
Offer position
Max allowable offer
$86,982
Offer $/acre
$956/ac
Projected profit
$45,665
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-937179 | 108.8 | Nov 10, 2024 | $170,000 | 1,562 | 1,192 | 79 |
| MI-418182 | 225.1 | Jul 27, 2026 | $689,400 | 3,063 | 1,565 | 70 |
| MI-187558 | 143.2 | Nov 6, 2024 | $393,700 | 2,749 | 1,915 | 67 |
| MI-345564 | 33.8 | Mar 1, 2024 | $102,500 | 3,034 | 1,855 | 62 |
| MI-165570 | 33.9 | Oct 18, 2024 | $114,100 | 3,364 | 2,008 | 61 |
| MI-575746 | 38.5 | Mar 3, 2025 | $150,600 | 3,907 | 1,638 | 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.