Comparable sales & offer analysis
Parcel MI-783276
Ontonagon County, MI · 6.44 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$15,300
Adjusted value
$20,955
Value range
$17,171–$24,738
Comp $/acre
$3,254/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -27.0% versus the adjusted value.
Offer position
Max allowable offer
$11,974
Offer $/acre
$1,859/ac
Projected profit
$6,286
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-552831 | 4.7 | Nov 18, 2024 | $16,200 | 3,484 | 3,698 | 79 |
| MI-662542 | 3.8 | Jul 27, 2026 | $11,500 | 3,037 | 2,570 | 79 |
| MI-683102 | 5.7 | Mar 19, 2025 | $19,700 | 3,469 | 3,669 | 78 |
| MI-993169 | 6.0 | Jun 11, 2024 | $15,300 | 2,567 | 3,299 | 76 |
| MI-914216 | 12.7 | Jul 27, 2026 | $32,200 | 2,531 | 2,715 | 74 |
| MI-901939 | 2.4 | Jul 27, 2026 | $6,600 | 2,693 | 2,249 | 72 |
| MI-344546 | 16.2 | Apr 10, 2026 | $64,100 | 3,968 | 4,367 | 68 |
| MI-714730 | 18.5 | Oct 24, 2025 | $56,400 | 3,056 | 3,480 | 67 |
| MI-394293 | 13.4 | Feb 27, 2025 | $34,300 | 2,550 | 3,387 | 67 |
| MI-312136 | 2.8 | Sep 26, 2025 | $10,300 | 3,657 | 3,172 | 63 |
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.