Comparable sales & offer analysis
Parcel MI-683102
Ontonagon County, MI · 5.68 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$21,700
Adjusted value
$16,763
Value range
$12,744–$20,782
Comp $/acre
$2,951/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.5% versus the adjusted value.
Offer position
Max allowable offer
$9,579
Offer $/acre
$1,686/ac
Projected profit
$5,029
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 | 2,060 | 85 |
| MI-662542 | 3.8 | Jul 27, 2026 | $11,500 | 3,037 | 2,573 | 81 |
| MI-552831 | 4.7 | Nov 18, 2024 | $16,200 | 3,484 | 3,704 | 77 |
| MI-993169 | 6.0 | Jun 11, 2024 | $15,300 | 2,567 | 3,305 | 75 |
| MI-221494 | 1.8 | Jul 1, 2026 | $4,600 | 2,590 | 2,158 | 74 |
| MI-312136 | 2.8 | Sep 26, 2025 | $10,300 | 3,657 | 3,176 | 74 |
| MI-914216 | 12.7 | Jul 27, 2026 | $32,200 | 2,531 | 2,718 | 73 |
| MI-394293 | 13.4 | Feb 27, 2025 | $34,300 | 2,550 | 3,392 | 71 |
| MI-901939 | 2.4 | Jul 27, 2026 | $6,600 | 2,693 | 2,252 | 71 |
| MI-344546 | 16.2 | Apr 10, 2026 | $64,100 | 3,968 | 4,372 | 70 |
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.