Comparable sales & offer analysis
Parcel MI-325971
Houghton County, MI · 45.36 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$91,000
Adjusted value
$148,944
Value range
$111,204–$186,684
Comp $/acre
$3,284/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -38.9% versus the adjusted value.
Offer position
Max allowable offer
$85,111
Offer $/acre
$1,876/ac
Projected profit
$44,683
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-595568 | 33.9 | May 22, 2026 | $106,100 | 3,132 | 3,017 | 83 |
| MI-485665 | 36.3 | May 13, 2026 | $171,800 | 4,726 | 4,064 | 79 |
| MI-985743 | 38.5 | May 25, 2024 | $126,700 | 3,295 | 3,512 | 73 |
| MI-756521 | 67.6 | Oct 13, 2025 | $313,400 | 4,638 | 4,457 | 73 |
| MI-906599 | 71.5 | Mar 22, 2024 | $141,400 | 1,978 | 2,407 | 72 |
| MI-315360 | 29.1 | Sep 20, 2024 | $82,700 | 2,838 | 2,078 | 65 |
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.