Comparable sales & offer analysis
Parcel MI-231639
Delta County, MI · 1.97 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$9,000
Adjusted value
$6,498
Value range
$4,997–$7,998
Comp $/acre
$3,298/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +38.5% versus the adjusted value.
Offer position
Max allowable offer
$3,713
Offer $/acre
$1,885/ac
Projected profit
$1,949
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-702732 | 4.3 | Jul 27, 2026 | $18,500 | 4,267 | 3,763 | 71 |
| MI-901031 | 1.3 | Nov 17, 2023 | $5,100 | 4,040 | 3,667 | 66 |
| MI-980355 | 0.8 | Feb 18, 2026 | $1,200 | 1,548 | 2,323 | 63 |
| MI-330312 | 0.8 | May 30, 2025 | $3,000 | 4,037 | 4,239 | 62 |
| MI-290339 | 0.8 | Mar 29, 2025 | $1,400 | 1,824 | 2,411 | 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.