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Lenawee County, MI · Sold

MI-392486

5284 County Road 201

$20,200
$5,565/ac · 3.63 ac
Acreage3.63 ac
Price per acre$5,565/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedOct 12, 2025
Coordinates41.8635, -83.9769
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Lenawee County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Lenawee market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
25
Low risk
Wetlands0.3% of tract

Little to no mapped wetland coverage.

Average slope21.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

430 ft of deeded road frontage.

Power10,624 ft away

A long utility run — price in solar/off-grid instead.

Buildable area2.17 of 3.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$23,009
$16,567$29,452 · $6,339/ac on 3.63 ac
Asking vs estimate
-12.2%
Priced below the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $20,200
Maximum allowable offer
$13,148
$3,622/ac · +30.0% target margin

You need $7,052 off asking to hit this margin.

All-in cost$14,266
Net resale$21,168
Projected profit$6,903
ROI+48.4%
Annualized+69.3%
Break-even resale$4,272/ac
Profit if resale lands off target
-20%
$2,669
-10%
$4,786
0%
$6,903
+10%
$9,020
+20%
$11,137
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-982167
Gravel · Full utilities
2.9Jul 27, 2026$20,1006,9754,8353.9 mi
90
MI-343371
Gravel · Full utilities
6.9Jul 27, 2026$40,1005,8094,1783.2 mi
79
MI-361647
Gravel · Power at road
2.0Nov 10, 2025$16,9008,5377,3696.4 mi
77
MI-823374
Landlocked · Full utilities
6.9Apr 22, 2026$54,5007,8808,4285.8 mi
72
MI-842144
Gravel · Off grid
2.8Aug 27, 2024$14,2005,0165,3899.4 mi
71
MI-652696
Dirt · Power at road
4.2Oct 29, 2024$16,8003,9724,2468.0 mi
70
MI-191155
Landlocked · Full utilities
1.4May 6, 2025$12,8009,1759,6891.2 mi
69
MI-524093
Gravel · Full utilities
11.6Sep 27, 2025$108,8009,3507,2348.6 mi
64
Show adjustment detail for the top comp
  • Tract size (2.88 ac → 3.63 ac)-0.7%
  • Utilities (Full utilities → Off grid)-30.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.