Comparable sales & offer analysis
Parcel MI-981148
Marquette County, MI · 1.38 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$5,400
Adjusted value
$4,302
Value range
$3,537–$5,067
Comp $/acre
$3,117/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.5% versus the adjusted value.
Offer position
Max allowable offer
$2,458
Offer $/acre
$1,781/ac
Projected profit
$1,291
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 | 2,391 | 87 |
| MI-731430 | 1.7 | May 8, 2026 | $4,600 | 2,740 | 2,363 | 86 |
| MI-130752 | 1.0 | Jul 27, 2026 | $3,300 | 3,247 | 3,322 | 78 |
| MI-361039 | 1.3 | Dec 26, 2025 | $4,900 | 3,869 | 3,215 | 77 |
| MI-512338 | 3.3 | Jan 25, 2026 | $7,800 | 2,405 | 2,916 | 75 |
| MI-422498 | 3.7 | Jul 27, 2026 | $15,500 | 4,248 | 4,303 | 73 |
| MI-342877 | 4.8 | Jul 23, 2026 | $21,000 | 4,358 | 3,147 | 69 |
| MI-980275 | 0.7 | Dec 14, 2024 | $2,500 | 3,483 | 3,659 | 63 |
| MI-292641 | 4.1 | Mar 12, 2024 | $11,500 | 2,837 | 3,209 | 62 |
| MI-510320 | 0.8 | Jan 6, 2024 | $2,800 | 3,746 | 2,975 | 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.