Comparable sales & offer analysis
Parcel MI-906599
Houghton County, MI · 71.50 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$135,600
Adjusted value
$203,294
Value range
$148,665–$257,923
Comp $/acre
$2,843/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.3% versus the adjusted value.
Offer position
Max allowable offer
$116,168
Offer $/acre
$1,625/ac
Projected profit
$60,988
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-756521 | 67.6 | Oct 13, 2025 | $313,400 | 4,638 | 4,030 | 80 |
| MI-595568 | 33.9 | May 22, 2026 | $106,100 | 3,132 | 2,727 | 78 |
| MI-325971 | 45.4 | Jun 11, 2025 | $81,200 | 1,790 | 1,707 | 77 |
| MI-485665 | 36.3 | May 13, 2026 | $171,800 | 4,726 | 3,674 | 74 |
| MI-377975 | 193.7 | Mar 14, 2026 | $460,800 | 2,378 | 2,172 | 70 |
| MI-985743 | 38.5 | May 25, 2024 | $126,700 | 3,295 | 3,176 | 67 |
| MI-778002 | 197.6 | Apr 19, 2025 | $461,900 | 2,338 | 3,196 | 66 |
| MI-315360 | 29.1 | Sep 20, 2024 | $82,700 | 2,838 | 1,879 | 65 |
| MI-518197 | 227.5 | Apr 30, 2025 | $432,400 | 1,900 | 2,902 | 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.