Comparable sales & offer analysis
Parcel MI-981148
Marquette County, MI · 1.38 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,400
Adjusted value
$4,325
Value range
$3,557–$5,093
Comp $/acre
$3,134/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.9% versus the adjusted value.
Offer position
Max allowable offer
$2,471
Offer $/acre
$1,791/ac
Projected profit
$1,297
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-181115 | 1.4 | Jul 27, 2026 | $3,800 | 2,808 | 2,404 | 85 |
| MI-731430 | 1.7 | May 8, 2026 | $4,600 | 2,740 | 2,376 | 85 |
| MI-130752 | 1.0 | Jul 27, 2026 | $3,300 | 3,247 | 3,340 | 77 |
| MI-361039 | 1.3 | Dec 26, 2025 | $4,900 | 3,869 | 3,232 | 76 |
| MI-512338 | 3.3 | Jan 25, 2026 | $7,800 | 2,405 | 2,931 | 74 |
| MI-422498 | 3.7 | Jul 27, 2026 | $15,500 | 4,248 | 4,327 | 71 |
| MI-342877 | 4.8 | Jul 23, 2026 | $21,000 | 4,358 | 3,165 | 68 |
| MI-980275 | 0.7 | Dec 14, 2024 | $2,500 | 3,483 | 3,678 | 63 |
| MI-292641 | 4.1 | Mar 12, 2024 | $11,500 | 2,837 | 3,225 | 62 |
| MI-510320 | 0.8 | Jan 6, 2024 | $2,800 | 3,746 | 2,990 | 60 |
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.