Comparable sales & offer analysis
Parcel MI-714133
Houghton County, MI · 11.98 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$57,100
Adjusted value
$56,231
Value range
$45,422–$67,041
Comp $/acre
$4,694/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.5% versus the adjusted value.
Offer position
Max allowable offer
$32,132
Offer $/acre
$2,682/ac
Projected profit
$16,869
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 | 4,256 | 71 |
| MI-363420 | 7.2 | Jan 16, 2025 | $26,300 | 3,672 | 3,810 | 70 |
| MI-485665 | 36.3 | May 13, 2026 | $171,800 | 4,726 | 5,734 | 69 |
| MI-443228 | 6.2 | Sep 18, 2024 | $39,900 | 6,414 | 5,683 | 68 |
| MI-132483 | 3.6 | Sep 1, 2024 | $18,300 | 5,028 | 5,068 | 63 |
| MI-315360 | 29.1 | Sep 20, 2024 | $82,700 | 2,838 | 2,933 | 63 |
| MI-453037 | 5.4 | Oct 10, 2024 | $33,000 | 6,095 | 5,099 | 63 |
| MI-985743 | 38.5 | May 25, 2024 | $126,700 | 3,295 | 4,957 | 59 |
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.