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Comparable sales & offer analysis

Parcel MI-930471

Lenawee County, MI · 0.84 ac · Unzoned · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$6,900
Adjusted value
$6,409
Value range
$4,713–$8,105
Comp $/acre
$7,630/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.7% versus the adjusted value.

Offer position

Max allowable offer
$3,662
Offer $/acre
$4,360/ac
Projected profit
$1,923
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MI-6001360.7Mar 23, 2026$3,9005,9487,01882
MI-3304440.8Aug 17, 2025$2,8003,3796,08980
MI-3616472.0Nov 10, 2025$16,9008,5378,91373
MI-9821672.9Jul 27, 2026$20,1006,9755,84872
MI-1911551.4May 6, 2025$12,8009,17511,71967
MI-8421442.8Aug 27, 2024$14,2005,0166,51858
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.