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Lenawee County, MI · Sold

MI-456374

6159 County Road 278

$306,200
$5,041/ac · 60.74 ac
Acreage60.74 ac
Price per acre$5,041/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedNov 7, 2023
Coordinates41.9396, -84.1835
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

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope11.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

815 ft of deeded road frontage.

Power112 ft away

Power at or near the road.

Buildable area56.95 of 60.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$337,209
$296,060$378,357 · $5,552/ac on 60.74 ac
Asking vs estimate
-9.2%
Priced below 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 $306,200
Maximum allowable offer
$192,691
$3,172/ac · +30.0% target margin

You need $113,509 off asking to hit this margin.

All-in cost$209,070
Net resale$310,232
Projected profit$101,162
ROI+48.4%
Annualized+69.2%
Break-even resale$3,741/ac
Profit if resale lands off target
-20%
$39,116
-10%
$70,139
0%
$101,162
+10%
$132,186
+20%
$163,209
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-606335
Paved · Power at road
59.0Jul 27, 2026$360,8006,1105,1586.8 mi
87
MI-217143
Paved · Off grid
106.0Jul 27, 2026$582,6005,4946,2498.6 mi
74
MI-694527
Dirt · Full utilities
15.9Jul 27, 2026$94,6005,9334,5589.8 mi
65
MI-297597
Gravel · Off grid
147.3Sep 23, 2024$534,3003,6275,7086.1 mi
63
MI-134638
Dirt · Off grid
17.3Feb 12, 2025$67,5003,9114,6176.9 mi
62
MI-984441
Dirt · Full utilities
15.0Apr 18, 2025$104,1006,9515,5871.7 mi
60
MI-914642
Landlocked · Power at road
17.3Jan 20, 2025$87,9005,0786,4625.3 mi
60
MI-524093
Gravel · Full utilities
11.6Sep 27, 2025$108,8009,3506,1959.7 mi
59
Show adjustment detail for the top comp
  • Tract size (59.05 ac → 60.74 ac)-0.6%
  • Access (Paved → Gravel)-15.3%

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.