Comparable sales & offer analysis
Parcel MI-562856
Menominee County, MI · 4.75 ac · Residential · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,300
Adjusted value
$14,117
Value range
$11,289–$16,945
Comp $/acre
$2,972/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.6% versus the adjusted value.
Offer position
Max allowable offer
$8,067
Offer $/acre
$1,698/ac
Projected profit
$4,235
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-222391 | 3.4 | Apr 25, 2026 | $8,100 | 2,389 | 3,039 | 79 |
| MI-104247 | 13.0 | Sep 21, 2025 | $54,000 | 4,150 | 3,941 | 68 |
| MI-573718 | 8.9 | Jun 20, 2024 | $26,100 | 2,944 | 2,072 | 65 |
| MI-114333 | 13.8 | Mar 6, 2025 | $34,100 | 2,460 | 2,826 | 65 |
| MI-544175 | 12.3 | Jul 29, 2024 | $42,400 | 3,431 | 2,916 | 57 |
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.