Comparable sales & offer analysis
Parcel MI-285032
Marquette County, MI · 22.98 ac · Recreational · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$45,500
Adjusted value
$68,163
Value range
$62,710–$73,616
Comp $/acre
$2,966/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.2% versus the adjusted value.
Offer position
Max allowable offer
$38,950
Offer $/acre
$1,695/ac
Projected profit
$20,449
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-605010 | 22.6 | Jul 27, 2026 | $52,600 | 2,328 | 2,856 | 87 |
| MI-935829 | 40.9 | Jul 27, 2026 | $105,400 | 2,576 | 2,850 | 77 |
| MI-744190 | 12.5 | Oct 22, 2024 | $31,000 | 2,483 | 2,840 | 65 |
| MI-944621 | 17.1 | Jun 28, 2024 | $54,100 | 3,170 | 3,262 | 65 |
| MI-703877 | 9.9 | Jan 7, 2025 | $32,100 | 3,224 | 3,085 | 64 |
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.