Comparable sales & offer analysis
Parcel MI-418182
Delta County, MI · 225 ac · Residential · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$655,900
Adjusted value
$761,206
Value range
$640,426–$881,986
Comp $/acre
$3,382/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.8% versus the adjusted value.
Offer position
Max allowable offer
$434,975
Offer $/acre
$1,933/ac
Projected profit
$228,362
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 | 2,351 | 62 |
| MI-116932 | 91.0 | Sep 13, 2025 | $154,800 | 1,701 | 3,486 | 62 |
| MI-187558 | 143.2 | Nov 6, 2024 | $393,700 | 2,749 | 3,776 | 61 |
| MI-575746 | 38.5 | Mar 3, 2025 | $150,600 | 3,907 | 3,230 | 56 |
| MI-165570 | 33.9 | Oct 18, 2024 | $114,100 | 3,364 | 3,960 | 49 |
| MI-345564 | 33.8 | Mar 1, 2024 | $102,500 | 3,034 | 3,657 | 48 |
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.