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Washtenaw County, MI · Sold

MI-179126

9403 County Road 400

$1,455,100
$3,263/ac · 446 ac
Acreage446 ac
Price per acre$3,263/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedJul 11, 2025
Coordinates42.3305, -83.9235
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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

4 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands18.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.4%

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.

Power234 ft away

Power at or near the road.

Buildable area344.44 of 445.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,536,565
$1,374,610$1,698,520 · $3,445/ac on 446 ac
Asking vs estimate
-5.3%
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 $1,455,100
Maximum allowable offer
$878,037
$1,969/ac · +30.0% target margin

You need $577,063 off asking to hit this margin.

All-in cost$952,670
Net resale$1,413,640
Projected profit$460,969
ROI+48.4%
Annualized+69.2%
Break-even resale$2,322/ac
Profit if resale lands off target
-20%
$178,242
-10%
$319,605
0%
$460,969
+10%
$602,333
+20%
$743,697
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-109517
Paved · Power at road
592.0Feb 17, 2026$2,305,8003,8953,6701.3 mi
81
MI-929842
Gravel · Off grid
749.1Jul 27, 2026$1,736,0002,3173,1996.5 mi
79
MI-919335
Paved · Off grid
518.9Jul 27, 2026$1,468,8002,8312,96012.8 mi
79
MI-687982
Gravel · Off grid
194.7Feb 11, 2026$706,3003,6283,4281.2 mi
74
MI-348151
Dirt · Off grid
220.1Jan 2, 2026$774,0003,5174,0172.8 mi
71
Show adjustment detail for the top comp
  • Tract size (592 ac → 445.97 ac)+8.9%
  • Access (Paved → Gravel)-15.3%
  • Market time (6 mo)+2.1%

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.