Comparable sales & offer analysis
Parcel MI-292641
Marquette County, MI · 4.06 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,200
Adjusted value
$12,979
Value range
$10,119–$15,838
Comp $/acre
$3,197/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.0% versus the adjusted value.
Offer position
Max allowable offer
$7,416
Offer $/acre
$1,827/ac
Projected profit
$3,894
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-422498 | 3.7 | Jul 27, 2026 | $15,500 | 4,248 | 4,215 | 83 |
| MI-342877 | 4.8 | Jul 23, 2026 | $21,000 | 4,358 | 3,083 | 81 |
| MI-512338 | 3.3 | Jan 25, 2026 | $7,800 | 2,405 | 2,856 | 78 |
| MI-233064 | 5.5 | May 1, 2026 | $14,100 | 2,559 | 2,237 | 78 |
| MI-981148 | 1.4 | Jul 27, 2026 | $5,500 | 3,960 | 3,888 | 74 |
| MI-273160 | 5.9 | Jul 27, 2026 | $23,300 | 3,936 | 3,988 | 74 |
| MI-181115 | 1.4 | Jul 27, 2026 | $3,800 | 2,808 | 2,342 | 72 |
| MI-712540 | 3.8 | Jul 23, 2024 | $11,700 | 3,083 | 3,319 | 68 |
| MI-731430 | 1.7 | May 8, 2026 | $4,600 | 2,740 | 2,315 | 68 |
| MI-703877 | 9.9 | Jan 7, 2025 | $32,100 | 3,224 | 3,640 | 67 |
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.