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Washtenaw County, MI · Sold

MI-919335

9540 County Road 111

$1,495,700
$2,883/ac · 519 ac
Acreage519 ac
Price per acre$2,883/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedMay 8, 2026
Coordinates42.1797, -83.7791
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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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands10.9% of tract

Little to no mapped wetland coverage.

Average slope7.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,677 ft of deeded road frontage.

Power1,216 ft away

Service extension needed; get a utility quote.

Buildable area439.20 of 518.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,709,667
$1,525,449$1,893,885 · $3,295/ac on 519 ac
Asking vs estimate
-12.5%
Priced below the comp set

Weighted from 5 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 $1,495,700
Maximum allowable offer
$976,952
$1,883/ac · +30.0% target margin

You need $518,748 off asking to hit this margin.

All-in cost$1,059,993
Net resale$1,572,894
Projected profit$512,901
ROI+48.4%
Annualized+69.2%
Break-even resale$2,221/ac
Profit if resale lands off target
-20%
$198,322
-10%
$355,611
0%
$512,901
+10%
$670,190
+20%
$827,479
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-929842
Gravel · Off grid
749.1Jul 27, 2026$1,736,0002,3173,0666.4 mi
80
MI-109517
Paved · Power at road
592.0Feb 17, 2026$2,305,8003,8953,51712.4 mi
78
MI-179126
Gravel · Power at road
446.0Sep 10, 2025$1,257,2002,8192,80712.8 mi
71
MI-348151
Dirt · Off grid
220.1Jan 2, 2026$774,0003,5173,85010.7 mi
66
MI-687982
Gravel · Off grid
194.7Feb 11, 2026$706,3003,6283,28512.3 mi
65
Show adjustment detail for the top comp
  • Tract size (749.15 ac → 518.87 ac)+11.9%
  • Access (Gravel → Paved)+18.0%

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.