Comparable sales & offer analysis
Parcel MI-979652
Marquette County, MI · 653 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$650,100
Adjusted value
$680,608
Value range
$548,098–$813,118
Comp $/acre
$1,043/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.5% versus the adjusted value.
Offer position
Max allowable offer
$388,919
Offer $/acre
$596/ac
Projected profit
$204,182
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-579632 | 643.4 | Mar 25, 2024 | $686,800 | 1,067 | 1,383 | 78 |
| MI-179257 | 490.4 | May 19, 2026 | $548,700 | 1,119 | 824 | 77 |
| MI-449730 | 690.8 | Dec 4, 2024 | $822,800 | 1,191 | 1,032 | 77 |
| MI-998505 | 284.4 | May 6, 2026 | $490,700 | 1,726 | 1,083 | 70 |
| MI-198627 | 310.7 | Jul 21, 2025 | $340,300 | 1,095 | 857 | 63 |
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.