Comparable sales & offer analysis
Parcel MI-702732
Delta County, MI · 4.34 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$22,500
Adjusted value
$19,961
Value range
$15,100–$24,822
Comp $/acre
$4,599/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.7% versus the adjusted value.
Offer position
Max allowable offer
$11,406
Offer $/acre
$2,628/ac
Projected profit
$5,988
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-231639 | 2.0 | Sep 24, 2025 | $9,500 | 4,811 | 5,672 | 64 |
| MI-643434 | 7.2 | Nov 20, 2024 | $19,100 | 2,641 | 5,030 | 63 |
| MI-504161 | 12.2 | Apr 9, 2025 | $34,200 | 2,795 | 5,460 | 63 |
| MI-263975 | 10.7 | Jun 14, 2024 | $14,700 | 1,376 | 2,332 | 60 |
| MI-914253 | 13.1 | Nov 23, 2024 | $39,600 | 3,033 | 4,785 | 56 |
| MI-901031 | 1.3 | Nov 17, 2023 | $5,100 | 4,040 | 4,168 | 55 |
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.