Comparable sales & offer analysis
Parcel MI-901031
Delta County, MI · 1.27 ac · Residential · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,100
Adjusted value
$5,609
Value range
$4,038–$7,179
Comp $/acre
$4,416/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.1% versus the adjusted value.
Offer position
Max allowable offer
$3,205
Offer $/acre
$2,524/ac
Projected profit
$1,683
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-330312 | 0.8 | May 30, 2025 | $3,000 | 4,037 | 5,236 | 73 |
| MI-231639 | 2.0 | Sep 24, 2025 | $9,500 | 4,811 | 6,165 | 72 |
| MI-980355 | 0.8 | Feb 18, 2026 | $1,200 | 1,548 | 2,869 | 71 |
| MI-702732 | 4.3 | Jul 27, 2026 | $18,500 | 4,267 | 4,649 | 68 |
| MI-290339 | 0.8 | Mar 29, 2025 | $1,400 | 1,824 | 2,977 | 64 |
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.