Comparable sales & offer analysis
Parcel MI-995497
Ontonagon County, MI · 32.18 ac · Mixed Use · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$139,200
Adjusted value
$100,236
Value range
$77,840–$122,633
Comp $/acre
$3,115/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +38.9% versus the adjusted value.
Offer position
Max allowable offer
$57,278
Offer $/acre
$1,780/ac
Projected profit
$30,071
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-725451 | 31.1 | Jul 27, 2026 | $81,900 | 2,633 | 2,624 | 88 |
| MI-735969 | 45.3 | Mar 27, 2026 | $134,000 | 2,958 | 3,899 | 85 |
| MI-305949 | 44.6 | Mar 9, 2026 | $93,100 | 2,086 | 2,355 | 83 |
| MI-916333 | 59.0 | Jul 27, 2026 | $217,200 | 3,684 | 3,561 | 78 |
| MI-125550 | 33.4 | Jul 26, 2025 | $68,100 | 2,036 | 2,239 | 75 |
| MI-914216 | 12.7 | Jul 27, 2026 | $32,200 | 2,531 | 2,776 | 72 |
| MI-344546 | 16.2 | Apr 10, 2026 | $64,100 | 3,968 | 4,466 | 72 |
| MI-295207 | 26.1 | Mar 7, 2024 | $51,200 | 1,964 | 2,586 | 69 |
| MI-714730 | 18.5 | Oct 24, 2025 | $56,400 | 3,056 | 3,559 | 68 |
| MI-874977 | 22.1 | Apr 30, 2025 | $67,200 | 3,045 | 3,173 | 67 |
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.