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Lenawee County, MI · Sold

MI-191155

9381 County Road 314

$12,100
$8,705/ac · 1.39 ac
Acreage1.39 ac
Price per acre$8,705/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyMixed
ListedApr 13, 2024
Coordinates41.8463, -83.9700
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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

1 item to verify before you offer.

Risk index
30
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area1.28 of 1.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,590
$6,359$8,821 · $5,460/ac on 1.39 ac
Asking vs estimate
+59.4%
Priced above 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 $12,100
Maximum allowable offer
$4,337
$3,120/ac · +30.0% target margin

You need $7,763 off asking to hit this margin.

All-in cost$4,706
Net resale$6,982
Projected profit$2,277
ROI+48.4%
Annualized+69.2%
Break-even resale$3,680/ac
Profit if resale lands off target
-20%
$880
-10%
$1,579
0%
$2,277
+10%
$2,975
+20%
$3,673
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-982167
Gravel · Full utilities
2.9Jul 27, 2026$20,1006,9754,8253.8 mi
81
MI-392486
Gravel · Off grid
3.6Jul 27, 2026$18,0004,9584,9581.2 mi
79
MI-361647
Gravel · Power at road
2.0Nov 10, 2025$16,9008,5377,3537.3 mi
77
MI-930471
Gravel · Power at road
0.8Jul 27, 2026$5,9007,0565,8346.8 mi
76
MI-330444
Landlocked · Off grid
0.8Aug 17, 2025$2,8003,3795,02310.3 mi
69
MI-600136
Dirt · Power at road
0.7Mar 23, 2026$3,9005,9485,7899.4 mi
68
MI-842144
Gravel · Off grid
2.8Aug 27, 2024$14,2005,0165,37710.6 mi
59
MI-652696
Dirt · Power at road
4.2Oct 29, 2024$16,8003,9724,2378.0 mi
57
Show adjustment detail for the top comp
  • Tract size (2.88 ac → 1.39 ac)+1.5%
  • Access (Gravel → Landlocked)-32.0%

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.