Comparable sales & offer analysis
Parcel MI-130351
Ontonagon County, MI · 0.77 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,500
Adjusted value
$1,818
Value range
$1,341–$2,295
Comp $/acre
$2,361/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +37.5% versus the adjusted value.
Offer position
Max allowable offer
$1,039
Offer $/acre
$1,349/ac
Projected profit
$545
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-260378 | 0.8 | Jul 27, 2026 | $4,000 | 5,109 | 3,568 | 90 |
| MI-340210 | 0.7 | Jul 27, 2026 | $1,900 | 2,681 | 1,963 | 86 |
| MI-360467 | 0.8 | May 23, 2025 | $1,600 | 1,893 | 2,520 | 81 |
| MI-221494 | 1.8 | Jul 1, 2026 | $4,600 | 2,590 | 1,923 | 73 |
| MI-510621 | 0.9 | Feb 12, 2025 | $2,000 | 2,170 | 1,690 | 72 |
| MI-980890 | 1.1 | Jan 19, 2025 | $3,100 | 2,762 | 2,604 | 68 |
| MI-901939 | 2.4 | Jul 27, 2026 | $6,600 | 2,693 | 2,007 | 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.