Comparable sales & offer analysis
Parcel MI-361647
Lenawee County, MI · 1.98 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$16,300
Adjusted value
$13,887
Value range
$9,999–$17,776
Comp $/acre
$7,014/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +17.4% versus the adjusted value.
Offer position
Max allowable offer
$7,936
Offer $/acre
$4,008/ac
Projected profit
$4,166
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-982167 | 2.9 | Jul 27, 2026 | $20,100 | 6,975 | 5,813 | 85 |
| MI-392486 | 3.6 | Jul 27, 2026 | $18,000 | 4,958 | 5,974 | 81 |
| MI-930471 | 0.8 | Jul 27, 2026 | $5,900 | 7,056 | 7,029 | 77 |
| MI-191155 | 1.4 | May 6, 2025 | $12,800 | 9,175 | 11,646 | 73 |
| MI-842144 | 2.8 | Aug 27, 2024 | $14,200 | 5,016 | 6,476 | 70 |
| MI-600136 | 0.7 | Mar 23, 2026 | $3,900 | 5,948 | 6,975 | 69 |
| MI-343371 | 6.9 | Jul 27, 2026 | $40,100 | 5,809 | 5,023 | 69 |
| MI-823374 | 6.9 | Apr 22, 2026 | $54,500 | 7,880 | 10,132 | 67 |
| MI-330444 | 0.8 | Aug 17, 2025 | $2,800 | 3,379 | 6,051 | 65 |
| MI-652696 | 4.2 | Oct 29, 2024 | $16,800 | 3,972 | 5,103 | 63 |
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.