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Lenawee County, MI · Sold

MI-524093

8704 County Road 161

$123,400
$10,601/ac · 11.64 ac
Acreage11.64 ac
Price per acre$10,601/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedAug 29, 2025
Coordinates41.8068, -84.1249
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
37
Moderate risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope30.6%

Steep ground — expect meaningful site work to build.

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 area6.52 of 11.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$91,182
$68,474$113,890 · $7,834/ac on 11.64 ac
Asking vs estimate
+35.3%
Priced above 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 $123,400
Maximum allowable offer
$52,104
$4,476/ac · +30.0% target margin

You need $71,296 off asking to hit this margin.

All-in cost$56,533
Net resale$83,888
Projected profit$27,355
ROI+48.4%
Annualized+69.3%
Break-even resale$5,279/ac
Profit if resale lands off target
-20%
$10,577
-10%
$18,966
0%
$27,355
+10%
$35,744
+20%
$44,133
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-343371
Gravel · Full utilities
6.9Jul 27, 2026$40,1005,8095,6016.1 mi
81
MI-823374
Landlocked · Full utilities
6.9Apr 22, 2026$54,5007,88011,2979.1 mi
78
MI-694527
Dirt · Full utilities
15.9Jul 27, 2026$94,6005,9337,13512.9 mi
78
MI-984441
Dirt · Full utilities
15.0Apr 18, 2025$104,1006,9518,7458.0 mi
72
MI-392486
Gravel · Off grid
3.6Jul 27, 2026$18,0004,9586,6618.6 mi
70
MI-134638
Dirt · Off grid
17.3Feb 12, 2025$67,5003,9117,2283.7 mi
70
MI-914642
Landlocked · Power at road
17.3Jan 20, 2025$87,9005,07810,1164.5 mi
69
MI-652696
Dirt · Power at road
4.2Oct 29, 2024$16,8003,9725,6920.6 mi
63
Show adjustment detail for the top comp
  • Tract size (6.9 ac → 11.64 ac)-3.8%

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.