Comparable sales & offer analysis
Parcel MI-998505
Marquette County, MI · 284 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$458,200
Adjusted value
$456,943
Value range
$384,944–$528,942
Comp $/acre
$1,607/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.3% versus the adjusted value.
Offer position
Max allowable offer
$261,110
Offer $/acre
$918/ac
Projected profit
$137,083
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-198627 | 310.7 | Jul 21, 2025 | $340,300 | 1,095 | 1,389 | 81 |
| MI-179257 | 490.4 | May 19, 2026 | $548,700 | 1,119 | 1,335 | 75 |
| MI-806791 | 82.2 | Jul 27, 2026 | $176,900 | 2,153 | 1,560 | 72 |
| MI-587417 | 129.3 | Sep 8, 2025 | $355,600 | 2,750 | 1,988 | 70 |
| MI-449730 | 690.8 | Dec 4, 2024 | $822,800 | 1,191 | 1,673 | 68 |
| MI-416994 | 95.2 | Jul 27, 2026 | $167,400 | 1,759 | 1,553 | 66 |
| MI-907370 | 125.0 | Sep 26, 2024 | $354,300 | 2,835 | 1,729 | 62 |
| MI-979652 | 652.8 | Oct 28, 2024 | $564,900 | 865 | 1,517 | 61 |
| MI-896896 | 88.7 | Nov 28, 2025 | $244,200 | 2,754 | 2,113 | 60 |
| MI-886804 | 82.9 | Dec 24, 2024 | $137,000 | 1,652 | 1,280 | 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.
