Comparable sales & offer analysis
Parcel MI-443228
Houghton County, MI · 6.22 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$39,500
Adjusted value
$35,793
Value range
$32,004–$39,583
Comp $/acre
$5,755/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.4% versus the adjusted value.
Offer position
Max allowable offer
$20,453
Offer $/acre
$3,288/ac
Projected profit
$10,738
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-714133 | 12.0 | Jul 27, 2026 | $54,200 | 4,528 | 5,563 | 78 |
| MI-453037 | 5.4 | Oct 10, 2024 | $33,000 | 6,095 | 6,248 | 75 |
| MI-363420 | 7.2 | Jan 16, 2025 | $26,300 | 3,672 | 4,668 | 74 |
| MI-132483 | 3.6 | Sep 1, 2024 | $18,300 | 5,028 | 6,210 | 68 |
| MI-442158 | 2.9 | Sep 26, 2024 | $16,800 | 5,867 | 6,169 | 68 |
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.