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Lenawee County, MI · Sold

MI-361647

1332 County Road 278

$16,300
$8,232/ac · 1.98 ac
Acreage1.98 ac
Price per acre$8,232/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedSep 5, 2025
Coordinates41.9043, -84.0883
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
21
Low risk
Wetlands2.2% of tract

Little to no mapped wetland coverage.

Average slope14.7%

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.

Power10 ft away

Power at or near the road.

Buildable area1.55 of 1.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,809
$9,943$17,676 · $6,974/ac on 1.98 ac
Asking vs estimate
+18.0%
Priced above the comp set

Weighted from 10 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 $16,300
Maximum allowable offer
$7,891
$3,985/ac · +30.0% target margin

You need $8,409 off asking to hit this margin.

All-in cost$8,562
Net resale$12,705
Projected profit$4,143
ROI+48.4%
Annualized+69.3%
Break-even resale$4,700/ac
Profit if resale lands off target
-20%
$1,602
-10%
$2,872
0%
$4,143
+10%
$5,413
+20%
$6,684
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-982167
Gravel · Full utilities
2.9Jul 27, 2026$20,1006,9755,7815.4 mi
86
MI-392486
Gravel · Off grid
3.6Jul 27, 2026$18,0004,9585,9416.4 mi
83
MI-930471
Gravel · Power at road
0.8Jul 27, 2026$5,9007,0566,9902.9 mi
79
MI-191155
Landlocked · Full utilities
1.4May 6, 2025$12,8009,17511,5847.3 mi
73
MI-842144
Gravel · Off grid
2.8Aug 27, 2024$14,2005,0166,4434.1 mi
71
MI-343371
Gravel · Full utilities
6.9Jul 27, 2026$40,1005,8094,9966.9 mi
70
MI-600136
Dirt · Power at road
0.7Mar 23, 2026$3,9005,9486,9373.2 mi
70
MI-823374
Landlocked · Full utilities
6.9Apr 22, 2026$54,5007,88010,0762.5 mi
68
MI-330444
Landlocked · Off grid
0.8Aug 17, 2025$2,8003,3796,0194.0 mi
66
MI-652696
Dirt · Power at road
4.2Oct 29, 2024$16,8003,9725,0766.4 mi
63
Show adjustment detail for the top comp
  • Tract size (2.88 ac → 1.98 ac)+0.9%
  • Utilities (Full utilities → Power at road)-18.0%

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.