Comparable sales & offer analysis
Parcel MI-342877
Marquette County, MI · 4.82 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,900
Adjusted value
$22,653
Value range
$18,079–$27,226
Comp $/acre
$4,700/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.7% versus the adjusted value.
Offer position
Max allowable offer
$12,944
Offer $/acre
$2,686/ac
Projected profit
$6,796
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-233064 | 5.5 | May 1, 2026 | $14,100 | 2,559 | 3,188 | 86 |
| MI-273160 | 5.9 | Jul 27, 2026 | $23,300 | 3,936 | 5,684 | 83 |
| MI-422498 | 3.7 | Jul 27, 2026 | $15,500 | 4,248 | 6,008 | 81 |
| MI-512338 | 3.3 | Jan 25, 2026 | $7,800 | 2,405 | 4,070 | 69 |
| MI-292641 | 4.1 | Mar 12, 2024 | $11,500 | 2,837 | 4,478 | 69 |
| MI-981148 | 1.4 | Jul 27, 2026 | $5,500 | 3,960 | 5,541 | 68 |
| MI-712540 | 3.8 | Jul 23, 2024 | $11,700 | 3,083 | 4,731 | 68 |
| MI-731430 | 1.7 | May 8, 2026 | $4,600 | 2,740 | 3,299 | 67 |
| MI-703877 | 9.9 | Jan 7, 2025 | $32,100 | 3,224 | 5,188 | 63 |
| MI-744190 | 12.5 | Oct 22, 2024 | $31,000 | 2,483 | 4,778 | 58 |
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.