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Lenawee County, MI · Sold

MI-134638

4572 County Road 283

$73,100
$4,233/ac · 17.27 ac
Acreage17.27 ac
Price per acre$4,233/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedFeb 17, 2024
Coordinates41.8396, -84.1808
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

4 items to verify before you offer.

Risk index
20
Low risk
Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

820 ft of deeded road frontage.

Power6,032 ft away

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

Buildable area13.81 of 17.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$85,905
$68,534$103,276 · $4,974/ac on 17.27 ac
Asking vs estimate
-14.9%
Priced below the comp set

Weighted from 7 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 $73,100
Maximum allowable offer
$49,089
$2,842/ac · +30.0% target margin

You need $24,011 off asking to hit this margin.

All-in cost$53,262
Net resale$79,033
Projected profit$25,771
ROI+48.4%
Annualized+69.2%
Break-even resale$3,352/ac
Profit if resale lands off target
-20%
$9,965
-10%
$17,868
0%
$25,771
+10%
$33,674
+20%
$41,578
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-694527
Dirt · Full utilities
15.9Jul 27, 2026$94,6005,9334,10512.9 mi
83
MI-914642
Landlocked · Power at road
17.3Jan 20, 2025$87,9005,0785,8202.1 mi
78
MI-984441
Dirt · Full utilities
15.0Apr 18, 2025$104,1006,9515,0325.2 mi
76
MI-524093
Gravel · Full utilities
11.6Sep 27, 2025$108,8009,3505,5793.7 mi
73
MI-343371
Gravel · Full utilities
6.9Jul 27, 2026$40,1005,8093,2238.9 mi
69
MI-606335
Paved · Power at road
59.0Jul 27, 2026$360,8006,1104,6464.3 mi
69
MI-823374
Landlocked · Full utilities
6.9Apr 22, 2026$54,5007,8806,5009.0 mi
67
Show adjustment detail for the top comp
  • Tract size (15.94 ac → 17.27 ac)-0.9%
  • 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.