Comparable sales & offer analysis
Parcel MI-343371
Lenawee County, MI · 6.90 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$47,100
Adjusted value
$59,844
Value range
$46,653–$73,035
Comp $/acre
$8,673/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.3% versus the adjusted value.
Offer position
Max allowable offer
$34,196
Offer $/acre
$4,956/ac
Projected profit
$17,953
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-823374 | 6.9 | Apr 22, 2026 | $54,500 | 7,880 | 11,808 | 83 |
| MI-982167 | 2.9 | Jul 27, 2026 | $20,100 | 6,975 | 6,775 | 78 |
| MI-392486 | 3.6 | Jul 27, 2026 | $18,000 | 4,958 | 6,962 | 78 |
| MI-524093 | 11.6 | Sep 27, 2025 | $108,800 | 9,350 | 10,134 | 73 |
| MI-694527 | 15.9 | Jul 27, 2026 | $94,600 | 5,933 | 7,457 | 70 |
| MI-984441 | 15.0 | Apr 18, 2025 | $104,100 | 6,951 | 9,138 | 67 |
| MI-652696 | 4.2 | Oct 29, 2024 | $16,800 | 3,972 | 5,947 | 66 |
| MI-361647 | 2.0 | Nov 10, 2025 | $16,900 | 8,537 | 10,323 | 63 |
| MI-842144 | 2.8 | Aug 27, 2024 | $14,200 | 5,016 | 7,548 | 59 |
| MI-914642 | 17.3 | Jan 20, 2025 | $87,900 | 5,078 | 10,570 | 59 |
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.