Comparable sales & offer analysis
Parcel MI-116932
Delta County, MI · 91.00 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$163,500
Adjusted value
$153,030
Value range
$127,087–$178,973
Comp $/acre
$1,682/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.8% versus the adjusted value.
Offer position
Max allowable offer
$87,446
Offer $/acre
$961/ac
Projected profit
$45,909
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 | 1,199 | 79 |
| MI-418182 | 225.1 | Jul 27, 2026 | $689,400 | 3,063 | 1,573 | 68 |
| MI-187558 | 143.2 | Nov 6, 2024 | $393,700 | 2,749 | 1,925 | 66 |
| MI-345564 | 33.8 | Mar 1, 2024 | $102,500 | 3,034 | 1,864 | 61 |
| MI-165570 | 33.9 | Oct 18, 2024 | $114,100 | 3,364 | 2,019 | 60 |
| MI-575746 | 38.5 | Mar 3, 2025 | $150,600 | 3,907 | 1,646 | 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.