Comparable sales & offer analysis
Parcel MI-587417
Marquette County, MI · 129 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$382,800
Adjusted value
$305,344
Value range
$261,406–$349,281
Comp $/acre
$2,361/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.4% versus the adjusted value.
Offer position
Max allowable offer
$174,482
Offer $/acre
$1,349/ac
Projected profit
$91,603
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-806791 | 82.2 | Jul 27, 2026 | $176,900 | 2,153 | 2,242 | 85 |
| MI-896896 | 88.7 | Nov 28, 2025 | $244,200 | 2,754 | 3,037 | 79 |
| MI-907370 | 125.0 | Sep 26, 2024 | $354,300 | 2,835 | 2,486 | 78 |
| MI-998505 | 284.4 | May 6, 2026 | $490,700 | 1,726 | 2,523 | 76 |
| MI-416994 | 95.2 | Jul 27, 2026 | $167,400 | 1,759 | 2,233 | 75 |
| MI-935829 | 40.9 | Jul 27, 2026 | $105,400 | 2,576 | 2,402 | 67 |
| MI-198627 | 310.7 | Jul 21, 2025 | $340,300 | 1,095 | 1,997 | 66 |
| MI-886804 | 82.9 | Dec 24, 2024 | $137,000 | 1,652 | 1,840 | 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.