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Lenawee County, MI · Sold

MI-982167

8303 County Road 277

$21,600
$7,500/ac · 2.88 ac
Acreage2.88 ac
Price per acre$7,500/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedMay 21, 2026
Coordinates41.8335, -84.0419
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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
22
Low risk
Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area2.37 of 2.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$25,455
$18,328$32,583 · $8,839/ac on 2.88 ac
Asking vs estimate
-15.1%
Priced below the comp set

Weighted from 9 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 $21,600
Maximum allowable offer
$14,546
$5,051/ac · +30.0% target margin

You need $7,054 off asking to hit this margin.

All-in cost$15,782
Net resale$23,419
Projected profit$7,636
ROI+48.4%
Annualized+69.2%
Break-even resale$5,957/ac
Profit if resale lands off target
-20%
$2,953
-10%
$5,294
0%
$7,636
+10%
$9,978
+20%
$12,320
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-392486
Gravel · Off grid
3.6Jul 27, 2026$18,0004,9587,1843.9 mi
90
MI-361647
Gravel · Power at road
2.0Nov 10, 2025$16,9008,53710,6535.4 mi
80
MI-343371
Gravel · Full utilities
6.9Jul 27, 2026$40,1005,8096,0411.8 mi
80
MI-842144
Gravel · Off grid
2.8Aug 27, 2024$14,2005,0167,7919.5 mi
74
MI-930471
Gravel · Power at road
0.8Jul 27, 2026$5,9007,0568,4523.6 mi
72
MI-191155
Landlocked · Full utilities
1.4May 6, 2025$12,8009,17514,0073.8 mi
72
MI-823374
Landlocked · Full utilities
6.9Apr 22, 2026$54,5007,88012,1846.4 mi
71
MI-652696
Dirt · Power at road
4.2Oct 29, 2024$16,8003,9726,1384.2 mi
69
MI-330444
Landlocked · Off grid
0.8Aug 17, 2025$2,8003,3797,2787.3 mi
60
Show adjustment detail for the top comp
  • Tract size (3.63 ac → 2.88 ac)+0.7%
  • 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.