Comparable sales & offer analysis
Parcel MI-694527
Lenawee County, MI · 15.94 ac · Residential · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$98,100
Adjusted value
$117,290
Value range
$92,170–$142,411
Comp $/acre
$7,358/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.4% versus the adjusted value.
Offer position
Max allowable offer
$67,023
Offer $/acre
$4,205/ac
Projected profit
$35,187
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-984441 | 15.0 | Apr 18, 2025 | $104,100 | 6,951 | 7,327 | 76 |
| MI-134638 | 17.3 | Feb 12, 2025 | $67,500 | 3,911 | 6,055 | 72 |
| MI-823374 | 6.9 | Apr 22, 2026 | $54,500 | 7,880 | 9,467 | 72 |
| MI-914642 | 17.3 | Jan 20, 2025 | $87,900 | 5,078 | 8,475 | 71 |
| MI-343371 | 6.9 | Jul 27, 2026 | $40,100 | 5,809 | 4,694 | 70 |
| MI-524093 | 11.6 | Sep 27, 2025 | $108,800 | 9,350 | 8,125 | 70 |
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.