Comparable sales & offer analysis
Parcel MI-198627
Marquette County, MI · 311 ac · Residential · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$392,000
Adjusted value
$440,922
Value range
$374,308–$507,536
Comp $/acre
$1,419/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.1% versus the adjusted value.
Offer position
Max allowable offer
$251,955
Offer $/acre
$811/ac
Projected profit
$132,277
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-998505 | 284.4 | May 6, 2026 | $490,700 | 1,726 | 1,454 | 86 |
| MI-179257 | 490.4 | May 19, 2026 | $548,700 | 1,119 | 1,106 | 74 |
| MI-416994 | 95.2 | Jul 27, 2026 | $167,400 | 1,759 | 1,287 | 66 |
| MI-587417 | 129.3 | Sep 8, 2025 | $355,600 | 2,750 | 1,647 | 66 |
| MI-449730 | 690.8 | Dec 4, 2024 | $822,800 | 1,191 | 1,386 | 62 |
| MI-907370 | 125.0 | Sep 26, 2024 | $354,300 | 2,835 | 1,432 | 61 |
| MI-979652 | 652.8 | Oct 28, 2024 | $564,900 | 865 | 1,256 | 60 |
| MI-579632 | 643.4 | Mar 25, 2024 | $686,800 | 1,067 | 1,857 | 57 |
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.