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Lenawee County, MI · Sold

MI-694527

5000 County Road 46

$98,100
$6,154/ac · 15.94 ac
Acreage15.94 ac
Price per acre$6,154/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedJan 30, 2026
Coordinates41.9674, -83.9970
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

2 items to verify before you offer.

Risk index
19
Low risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope11.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area14.43 of 15.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$116,638
$91,603$141,672 · $7,317/ac on 15.94 ac
Asking vs estimate
-15.9%
Priced below the comp set

Weighted from 6 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 $98,100
Maximum allowable offer
$66,650
$4,181/ac · +30.0% target margin

You need $31,450 off asking to hit this margin.

All-in cost$72,315
Net resale$107,307
Projected profit$34,991
ROI+48.4%
Annualized+69.3%
Break-even resale$4,931/ac
Profit if resale lands off target
-20%
$13,530
-10%
$24,261
0%
$34,991
+10%
$45,722
+20%
$56,453
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-984441
Dirt · Full utilities
15.0Apr 18, 2025$104,1006,9517,28810.2 mi
77
MI-823374
Landlocked · Full utilities
6.9Apr 22, 2026$54,5007,8809,4153.9 mi
73
MI-134638
Dirt · Off grid
17.3Feb 12, 2025$67,5003,9116,02312.9 mi
72
MI-343371
Gravel · Full utilities
6.9Jul 27, 2026$40,1005,8094,66810.0 mi
72
MI-914642
Landlocked · Power at road
17.3Jan 20, 2025$87,9005,0788,43011.0 mi
71
MI-524093
Gravel · Full utilities
11.6Sep 27, 2025$108,8009,3508,08112.9 mi
71
Show adjustment detail for the top comp
  • Tract size (14.97 ac → 15.94 ac)-0.7%
  • Market time (16 mo)+5.6%

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.