Comparable sales & offer analysis
Parcel MI-360300
Menominee County, MI · 0.75 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,200
Adjusted value
$2,790
Value range
$2,221–$3,359
Comp $/acre
$3,720/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.2% versus the adjusted value.
Offer position
Max allowable offer
$1,594
Offer $/acre
$2,126/ac
Projected profit
$837
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-220894 | 1.1 | Jul 27, 2026 | $4,100 | 3,581 | 2,980 | 75 |
| MI-562856 | 4.8 | Jul 27, 2026 | $15,200 | 3,205 | 4,609 | 67 |
| MI-222391 | 3.4 | Apr 25, 2026 | $8,100 | 2,389 | 4,336 | 65 |
| MI-573718 | 8.9 | Jun 20, 2024 | $26,100 | 2,944 | 2,956 | 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.