Comparable sales & offer analysis
Parcel MI-233064
Marquette County, MI · 5.52 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$16,500
Adjusted value
$21,695
Value range
$18,218–$25,171
Comp $/acre
$3,930/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.9% versus the adjusted value.
Offer position
Max allowable offer
$12,397
Offer $/acre
$2,246/ac
Projected profit
$6,508
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 | 3,569 | 89 |
| MI-273160 | 5.9 | Jul 27, 2026 | $23,300 | 3,936 | 4,618 | 85 |
| MI-422498 | 3.7 | Jul 27, 2026 | $15,500 | 4,248 | 4,881 | 81 |
| MI-512338 | 3.3 | Jan 25, 2026 | $7,800 | 2,405 | 3,307 | 72 |
| MI-292641 | 4.1 | Mar 12, 2024 | $11,500 | 2,837 | 3,640 | 68 |
| MI-703877 | 9.9 | Jan 7, 2025 | $32,100 | 3,224 | 4,216 | 66 |
| MI-712540 | 3.8 | Jul 23, 2024 | $11,700 | 3,083 | 3,845 | 66 |
| MI-731430 | 1.7 | May 8, 2026 | $4,600 | 2,740 | 2,680 | 65 |
| MI-744190 | 12.5 | Oct 22, 2024 | $31,000 | 2,483 | 3,883 | 63 |
| MI-944621 | 17.1 | Jun 28, 2024 | $54,100 | 3,170 | 4,459 | 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.