Comparable sales & offer analysis
Parcel MI-233064
Marquette County, MI · 5.52 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$16,500
Adjusted value
$21,812
Value range
$18,323–$25,301
Comp $/acre
$3,951/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.4% versus the adjusted value.
Offer position
Max allowable offer
$12,464
Offer $/acre
$2,258/ac
Projected profit
$6,544
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-342877 | 4.8 | Jul 23, 2026 | $21,000 | 4,358 | 3,589 | 88 |
| MI-273160 | 5.9 | Jul 27, 2026 | $23,300 | 3,936 | 4,643 | 84 |
| MI-422498 | 3.7 | Jul 27, 2026 | $15,500 | 4,248 | 4,908 | 80 |
| MI-512338 | 3.3 | Jan 25, 2026 | $7,800 | 2,405 | 3,325 | 71 |
| MI-292641 | 4.1 | Mar 12, 2024 | $11,500 | 2,837 | 3,658 | 68 |
| MI-703877 | 9.9 | Jan 7, 2025 | $32,100 | 3,224 | 4,238 | 65 |
| MI-712540 | 3.8 | Jul 23, 2024 | $11,700 | 3,083 | 3,864 | 65 |
| MI-731430 | 1.7 | May 8, 2026 | $4,600 | 2,740 | 2,695 | 64 |
| MI-744190 | 12.5 | Oct 22, 2024 | $31,000 | 2,483 | 3,903 | 62 |
| MI-944621 | 17.1 | Jun 28, 2024 | $54,100 | 3,170 | 4,482 | 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.