Comparable sales & offer analysis
Parcel MI-914642
Lenawee County, MI · 17.32 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$84,000
Adjusted value
$76,687
Value range
$60,863–$92,510
Comp $/acre
$4,428/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.5% versus the adjusted value.
Offer position
Max allowable offer
$43,821
Offer $/acre
$2,530/ac
Projected profit
$23,006
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-694527 | 15.9 | Jul 27, 2026 | $94,600 | 5,933 | 3,839 | 80 |
| MI-134638 | 17.3 | Feb 12, 2025 | $67,500 | 3,911 | 3,887 | 77 |
| MI-984441 | 15.0 | Apr 18, 2025 | $104,100 | 6,951 | 4,704 | 74 |
| MI-524093 | 11.6 | Sep 27, 2025 | $108,800 | 9,350 | 5,216 | 72 |
| MI-606335 | 59.0 | Jul 27, 2026 | $360,800 | 6,110 | 4,344 | 71 |
| MI-823374 | 6.9 | Apr 22, 2026 | $54,500 | 7,880 | 6,078 | 70 |
| MI-343371 | 6.9 | Jul 27, 2026 | $40,100 | 5,809 | 3,013 | 68 |
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.