Comparable sales & offer analysis
Parcel MI-600136
Lenawee County, MI · 0.66 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,800
Adjusted value
$4,236
Value range
$3,129–$5,343
Comp $/acre
$6,419/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.3% versus the adjusted value.
Offer position
Max allowable offer
$2,421
Offer $/acre
$3,668/ac
Projected profit
$1,271
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-930471 | 0.8 | Jul 27, 2026 | $5,900 | 7,056 | 6,127 | 84 |
| MI-330444 | 0.8 | Aug 17, 2025 | $2,800 | 3,379 | 5,275 | 76 |
| MI-361647 | 2.0 | Nov 10, 2025 | $16,900 | 8,537 | 7,722 | 66 |
| MI-982167 | 2.9 | Jul 27, 2026 | $20,100 | 6,975 | 5,067 | 65 |
| MI-392486 | 3.6 | Jul 27, 2026 | $18,000 | 4,958 | 5,208 | 62 |
| MI-191155 | 1.4 | May 6, 2025 | $12,800 | 9,175 | 10,151 | 62 |
| MI-842144 | 2.8 | Aug 27, 2024 | $14,200 | 5,016 | 5,645 | 54 |
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.
