MI-279367
5016 County Road 77
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Lenawee County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.
View Lenawee market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $1,494,479 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MI-328986 Gravel · Off grid | 403.0 | Jul 27, 2026 | $835,200 | 2,073 | 2,744 | 3.6 mi | 84 |
| MI-889221 Gravel · Full utilities | 477.7 | Jan 7, 2025 | $1,296,200 | 2,713 | 2,805 | 7.1 mi | 77 |
| MI-859268 Landlocked · Off grid | 494.3 | May 30, 2024 | $915,800 | 1,853 | 4,182 | 5.6 mi | 76 |
| MI-259760 Paved · Power at road | 706.0 | Jul 27, 2025 | $2,598,300 | 3,681 | 4,334 | 5.8 mi | 73 |
| MI-217143 Paved · Off grid | 106.0 | Jul 27, 2026 | $582,600 | 5,494 | 4,256 | 5.6 mi | 65 |
| MI-297597 Gravel · Off grid | 147.3 | Sep 23, 2024 | $534,300 | 3,627 | 3,887 | 3.5 mi | 60 |
Show adjustment detail for the top comp
- Tract size (402.96 ac → 531.04 ac)-8.0%
- Utilities (Off grid → Full utilities)+43.5%
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.