Comparable sales & offer analysis
Parcel MI-279367
Lenawee County, MI · 531 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,604,200
Adjusted value
$1,942,030
Value range
$1,575,958–$2,308,103
Comp $/acre
$3,657/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.1% versus the adjusted value.
Offer position
Max allowable offer
$1,109,732
Offer $/acre
$2,090/ac
Projected profit
$582,609
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-328986 | 403.0 | Jul 27, 2026 | $835,200 | 2,073 | 2,744 | 84 |
| MI-889221 | 477.7 | Jan 7, 2025 | $1,296,200 | 2,713 | 2,805 | 77 |
| MI-859268 | 494.3 | May 30, 2024 | $915,800 | 1,853 | 4,183 | 76 |
| MI-259760 | 706.0 | Jul 27, 2025 | $2,598,300 | 3,681 | 4,334 | 73 |
| MI-217143 | 106.0 | Jul 27, 2026 | $582,600 | 5,494 | 4,256 | 65 |
| MI-297597 | 147.3 | Sep 23, 2024 | $534,300 | 3,627 | 3,887 | 60 |
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.