Comparable sales & offer analysis
Parcel MI-343371
Lenawee County, MI · 6.90 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$47,100
Adjusted value
$59,515
Value range
$46,396–$72,633
Comp $/acre
$8,625/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.9% versus the adjusted value.
Offer position
Max allowable offer
$34,008
Offer $/acre
$4,929/ac
Projected profit
$17,854
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 | 11,743 | 84 |
| MI-982167 | 2.9 | Jul 27, 2026 | $20,100 | 6,975 | 6,737 | 80 |
| MI-392486 | 3.6 | Jul 27, 2026 | $18,000 | 4,958 | 6,923 | 79 |
| MI-524093 | 11.6 | Sep 27, 2025 | $108,800 | 9,350 | 10,080 | 74 |
| MI-694527 | 15.9 | Jul 27, 2026 | $94,600 | 5,933 | 7,416 | 72 |
| MI-984441 | 15.0 | Apr 18, 2025 | $104,100 | 6,951 | 9,090 | 68 |
| MI-652696 | 4.2 | Oct 29, 2024 | $16,800 | 3,972 | 5,916 | 66 |
| MI-361647 | 2.0 | Nov 10, 2025 | $16,900 | 8,537 | 10,267 | 64 |
| MI-842144 | 2.8 | Aug 27, 2024 | $14,200 | 5,016 | 7,509 | 60 |
| MI-914642 | 17.3 | Jan 20, 2025 | $87,900 | 5,078 | 10,515 | 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.