Comparable sales & offer analysis
Parcel MI-714730
Ontonagon County, MI · 18.46 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$54,400
Adjusted value
$52,993
Value range
$40,983–$65,004
Comp $/acre
$2,871/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.7% versus the adjusted value.
Offer position
Max allowable offer
$30,282
Offer $/acre
$1,640/ac
Projected profit
$15,898
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-344546 | 16.2 | Apr 10, 2026 | $64,100 | 3,968 | 3,986 | 85 |
| MI-914216 | 12.7 | Jul 27, 2026 | $32,200 | 2,531 | 2,478 | 81 |
| MI-874977 | 22.1 | Apr 30, 2025 | $67,200 | 3,045 | 2,832 | 79 |
| MI-725451 | 31.1 | Jul 27, 2026 | $81,900 | 2,633 | 2,343 | 78 |
| MI-394293 | 13.4 | Feb 27, 2025 | $34,300 | 2,550 | 3,092 | 75 |
| MI-783276 | 6.4 | Mar 12, 2026 | $12,900 | 2,010 | 1,878 | 70 |
| MI-735969 | 45.3 | Mar 27, 2026 | $134,000 | 2,958 | 3,481 | 70 |
| MI-125550 | 33.4 | Jul 26, 2025 | $68,100 | 2,036 | 1,998 | 68 |
| MI-916333 | 59.0 | Jul 27, 2026 | $217,200 | 3,684 | 3,179 | 66 |
| MI-683102 | 5.7 | Mar 19, 2025 | $19,700 | 3,469 | 3,349 | 65 |
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.