Comparable sales & offer analysis
Parcel MI-993169
Ontonagon County, MI · 5.96 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$17,000
Adjusted value
$15,084
Value range
$11,331–$18,836
Comp $/acre
$2,531/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.7% versus the adjusted value.
Offer position
Max allowable offer
$8,619
Offer $/acre
$1,446/ac
Projected profit
$4,525
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-783276 | 6.4 | Mar 12, 2026 | $12,900 | 2,010 | 1,747 | 86 |
| MI-683102 | 5.7 | Mar 19, 2025 | $19,700 | 3,469 | 3,115 | 78 |
| MI-552831 | 4.7 | Nov 18, 2024 | $16,200 | 3,484 | 3,141 | 76 |
| MI-662542 | 3.8 | Jul 27, 2026 | $11,500 | 3,037 | 2,181 | 76 |
| MI-901939 | 2.4 | Jul 27, 2026 | $6,600 | 2,693 | 1,909 | 76 |
| MI-914216 | 12.7 | Jul 27, 2026 | $32,200 | 2,531 | 2,305 | 75 |
| MI-221494 | 1.8 | Jul 1, 2026 | $4,600 | 2,590 | 1,829 | 73 |
| MI-344546 | 16.2 | Apr 10, 2026 | $64,100 | 3,968 | 3,707 | 71 |
| MI-394293 | 13.4 | Feb 27, 2025 | $34,300 | 2,550 | 2,876 | 66 |
| MI-312136 | 2.8 | Sep 26, 2025 | $10,300 | 3,657 | 2,693 | 66 |
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.