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Comparable sales & offer analysis

Parcel MI-579632

Marquette County, MI · 643 ac · Recreational · Landlocked · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$682,000
Adjusted value
$518,833
Value range
$465,248–$572,417
Comp $/acre
$806/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +31.4% versus the adjusted value.

Offer position

Max allowable offer
$296,476
Offer $/acre
$461/ac
Projected profit
$155,650
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MI-979652652.8Oct 28, 2024$564,90086579980
MI-179257490.4May 19, 2026$548,7001,11970375
MI-449730690.8Dec 4, 2024$822,8001,19188172
MI-998505284.4May 6, 2026$490,7001,72692564
MI-198627310.7Jul 21, 2025$340,3001,09573162
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.