Comparable sales & offer analysis
Parcel MI-191155
Lenawee County, MI · 1.39 ac · Residential · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,100
Adjusted value
$7,631
Value range
$6,392–$8,870
Comp $/acre
$5,490/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +58.6% versus the adjusted value.
Offer position
Max allowable offer
$4,360
Offer $/acre
$3,137/ac
Projected profit
$2,289
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| MI-982167 | 2.9 | Jul 27, 2026 | $20,100 | 6,975 | 4,851 | 80 |
| MI-392486 | 3.6 | Jul 27, 2026 | $18,000 | 4,958 | 4,986 | 77 |
| MI-361647 | 2.0 | Nov 10, 2025 | $16,900 | 8,537 | 7,393 | 76 |
| MI-930471 | 0.8 | Jul 27, 2026 | $5,900 | 7,056 | 5,866 | 75 |
| MI-330444 | 0.8 | Aug 17, 2025 | $2,800 | 3,379 | 5,050 | 68 |
| MI-600136 | 0.7 | Mar 23, 2026 | $3,900 | 5,948 | 5,821 | 67 |
| MI-842144 | 2.8 | Aug 27, 2024 | $14,200 | 5,016 | 5,405 | 59 |
| MI-652696 | 4.2 | Oct 29, 2024 | $16,800 | 3,972 | 4,259 | 56 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.