Comparable sales & offer analysis
Parcel MI-179257
Marquette County, MI · 490 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$562,200
Adjusted value
$713,695
Value range
$594,908–$832,481
Comp $/acre
$1,455/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.2% versus the adjusted value.
Offer position
Max allowable offer
$407,826
Offer $/acre
$832/ac
Projected profit
$214,108
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 | 1,494 | 75 |
| MI-449730 | 690.8 | Dec 4, 2024 | $822,800 | 1,191 | 1,424 | 71 |
| MI-198627 | 310.7 | Jul 21, 2025 | $340,300 | 1,095 | 1,182 | 68 |
| MI-979652 | 652.8 | Oct 28, 2024 | $564,900 | 865 | 1,291 | 68 |
| MI-579632 | 643.4 | Mar 25, 2024 | $686,800 | 1,067 | 1,908 | 65 |
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.