Comparable sales & offer analysis
Parcel MI-935829
Marquette County, MI · 40.93 ac · Mixed Use · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$125,200
Adjusted value
$104,660
Value range
$85,343–$123,977
Comp $/acre
$2,557/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.6% versus the adjusted value.
Offer position
Max allowable offer
$59,806
Offer $/acre
$1,461/ac
Projected profit
$31,398
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-416994 | 95.2 | Jul 27, 2026 | $167,400 | 1,759 | 2,413 | 76 |
| MI-605010 | 22.6 | Jul 27, 2026 | $52,600 | 2,328 | 2,601 | 74 |
| MI-806791 | 82.2 | Jul 27, 2026 | $176,900 | 2,153 | 2,423 | 71 |
| MI-896896 | 88.7 | Nov 28, 2025 | $244,200 | 2,754 | 3,282 | 70 |
| MI-285032 | 23.0 | Nov 13, 2024 | $38,000 | 1,653 | 1,625 | 66 |
| MI-886804 | 82.9 | Dec 24, 2024 | $137,000 | 1,652 | 1,988 | 64 |
| MI-944621 | 17.1 | Jun 28, 2024 | $54,100 | 3,170 | 2,971 | 60 |
| MI-587417 | 129.3 | Sep 8, 2025 | $355,600 | 2,750 | 3,088 | 59 |
| MI-907370 | 125.0 | Sep 26, 2024 | $354,300 | 2,835 | 2,686 | 58 |
| MI-744190 | 12.5 | Oct 22, 2024 | $31,000 | 2,483 | 2,587 | 56 |
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.