Comparable sales & offer analysis
Parcel MI-783276
Ontonagon County, MI · 6.44 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$15,300
Adjusted value
$20,834
Value range
$17,062–$24,605
Comp $/acre
$3,235/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.6% versus the adjusted value.
Offer position
Max allowable offer
$11,905
Offer $/acre
$1,849/ac
Projected profit
$6,250
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-662542 | 3.8 | Jul 27, 2026 | $11,500 | 3,037 | 2,555 | 80 |
| MI-552831 | 4.7 | Nov 18, 2024 | $16,200 | 3,484 | 3,679 | 80 |
| MI-683102 | 5.7 | Mar 19, 2025 | $19,700 | 3,469 | 3,650 | 79 |
| MI-993169 | 6.0 | Jun 11, 2024 | $15,300 | 2,567 | 3,283 | 77 |
| MI-914216 | 12.7 | Jul 27, 2026 | $32,200 | 2,531 | 2,700 | 75 |
| MI-901939 | 2.4 | Jul 27, 2026 | $6,600 | 2,693 | 2,236 | 73 |
| MI-344546 | 16.2 | Apr 10, 2026 | $64,100 | 3,968 | 4,343 | 69 |
| MI-714730 | 18.5 | Oct 24, 2025 | $56,400 | 3,056 | 3,462 | 68 |
| MI-394293 | 13.4 | Feb 27, 2025 | $34,300 | 2,550 | 3,370 | 67 |
| MI-312136 | 2.8 | Sep 26, 2025 | $10,300 | 3,657 | 3,155 | 64 |
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.