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Washtenaw County, MI · Sold

MI-687982

5804 County Road 26

$659,500
$3,387/ac · 195 ac
Acreage195 ac
Price per acre$3,387/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedAug 22, 2025
Coordinates42.3159, -83.9352
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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

Washtenaw County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Washtenaw market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
59
High risk
Wetlands43.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,704 ft away

A long utility run — price in solar/off-grid instead.

Buildable area104.51 of 194.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$727,394
$625,808$828,980 · $3,736/ac on 195 ac
Asking vs estimate
-9.3%
Priced below the comp set

Weighted from 6 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 $659,500
Maximum allowable offer
$415,654
$2,135/ac · +30.0% target margin

You need $243,846 off asking to hit this margin.

All-in cost$450,985
Net resale$669,202
Projected profit$218,218
ROI+48.4%
Annualized+69.2%
Break-even resale$2,518/ac
Profit if resale lands off target
-20%
$84,377
-10%
$151,297
0%
$218,218
+10%
$285,138
+20%
$352,058
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-348151
Dirt · Off grid
220.1Jan 2, 2026$774,0003,5174,3423.2 mi
82
MI-179126
Gravel · Power at road
446.0Sep 10, 2025$1,257,2002,8193,1661.2 mi
71
MI-919335
Paved · Off grid
518.9Jul 27, 2026$1,468,8002,8313,20012.3 mi
69
MI-109517
Paved · Power at road
592.0Feb 17, 2026$2,305,8003,8953,9662.3 mi
68
MI-467332
Paved · Power at road
121.6Jun 23, 2024$581,5004,7823,31111.7 mi
66
MI-296516
Landlocked · Off grid
67.3Jul 26, 2024$240,8003,5774,3730.9 mi
63
Show adjustment detail for the top comp
  • Tract size (220.07 ac → 194.71 ac)+3.5%
  • Access (Dirt → Gravel)+16.3%
  • Market time (7 mo)+2.6%

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.