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Lenawee County, MI · Sold

MI-842144

4778 County Road 84

$15,500
$5,458/ac · 2.84 ac
Acreage2.84 ac
Price per acre$5,458/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedMay 2, 2024
Coordinates41.9624, -84.1037
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

4 items to verify before you offer.

Risk index
18
Low risk
Wetlands14.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

243 ft of deeded road frontage.

Power4,618 ft away

Service extension needed; get a utility quote.

Buildable area2.31 of 2.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,190
$12,377$22,003 · $6,053/ac on 2.84 ac
Asking vs estimate
-9.8%
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 $15,500
Maximum allowable offer
$9,823
$3,459/ac · +30.0% target margin

You need $5,677 off asking to hit this margin.

All-in cost$10,658
Net resale$15,814
Projected profit$5,157
ROI+48.4%
Annualized+69.2%
Break-even resale$4,079/ac
Profit if resale lands off target
-20%
$1,994
-10%
$3,575
0%
$5,157
+10%
$6,738
+20%
$8,319
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-982167
Gravel · Full utilities
2.9Jul 27, 2026$20,1006,9754,8729.5 mi
86
MI-392486
Gravel · Off grid
3.6Jul 27, 2026$18,0004,9585,0079.4 mi
83
MI-361647
Gravel · Power at road
2.0Nov 10, 2025$16,9008,5377,4264.1 mi
77
MI-343371
Gravel · Full utilities
6.9Jul 27, 2026$40,1005,8094,21010.8 mi
71
MI-823374
Landlocked · Full utilities
6.9Apr 22, 2026$54,5007,8808,4923.7 mi
71
MI-930471
Gravel · Power at road
0.8Jul 27, 2026$5,9007,0565,8916.8 mi
70
MI-652696
Dirt · Power at road
4.2Oct 29, 2024$16,8003,9724,27810.2 mi
64
MI-330444
Landlocked · Off grid
0.8Aug 17, 2025$2,8003,3795,0735.9 mi
63
MI-191155
Landlocked · Full utilities
1.4May 6, 2025$12,8009,1759,76310.6 mi
62
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%

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.