Comparable sales & offer analysis
Parcel MI-756521
Houghton County, MI · 67.57 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$321,400
Adjusted value
$213,404
Value range
$161,503–$265,304
Comp $/acre
$3,158/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +50.6% versus the adjusted value.
Offer position
Max allowable offer
$121,945
Offer $/acre
$1,805/ac
Projected profit
$64,021
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-485665 | 36.3 | May 13, 2026 | $171,800 | 4,726 | 4,402 | 78 |
| MI-595568 | 33.9 | May 22, 2026 | $106,100 | 3,132 | 3,268 | 74 |
| MI-906599 | 71.5 | Mar 22, 2024 | $141,400 | 1,978 | 2,608 | 73 |
| MI-325971 | 45.4 | Jun 11, 2025 | $81,200 | 1,790 | 2,045 | 71 |
| MI-377975 | 193.7 | Mar 14, 2026 | $460,800 | 2,378 | 2,602 | 70 |
| MI-778002 | 197.6 | Apr 19, 2025 | $461,900 | 2,338 | 3,828 | 68 |
| MI-985743 | 38.5 | May 25, 2024 | $126,700 | 3,295 | 3,804 | 67 |
| MI-518197 | 227.5 | Apr 30, 2025 | $432,400 | 1,900 | 3,475 | 62 |
| MI-315360 | 29.1 | Sep 20, 2024 | $82,700 | 2,838 | 2,251 | 61 |
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.