Comparable sales & offer analysis
Parcel MI-165570
Delta County, MI · 33.93 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$108,500
Adjusted value
$100,638
Value range
$77,590–$123,686
Comp $/acre
$2,966/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.8% versus the adjusted value.
Offer position
Max allowable offer
$57,507
Offer $/acre
$1,695/ac
Projected profit
$30,191
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-345564 | 33.8 | Mar 1, 2024 | $102,500 | 3,034 | 3,362 | 78 |
| MI-575746 | 38.5 | Mar 3, 2025 | $150,600 | 3,907 | 2,969 | 76 |
| MI-504161 | 12.2 | Apr 9, 2025 | $34,200 | 2,795 | 3,824 | 65 |
| MI-116932 | 91.0 | Sep 13, 2025 | $154,800 | 1,701 | 3,205 | 64 |
| MI-914253 | 13.1 | Nov 23, 2024 | $39,600 | 3,033 | 3,351 | 63 |
| MI-937179 | 108.8 | Nov 10, 2024 | $170,000 | 1,562 | 2,162 | 63 |
| MI-263975 | 10.7 | Jun 14, 2024 | $14,700 | 1,376 | 1,633 | 57 |
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.