Comparable sales & offer analysis
Parcel MI-889221
Lenawee County, MI · 478 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,410,500
Adjusted value
$1,974,993
Value range
$1,592,109–$2,357,876
Comp $/acre
$4,134/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.6% versus the adjusted value.
Offer position
Max allowable offer
$1,128,567
Offer $/acre
$2,362/ac
Projected profit
$592,498
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 | 2,849 | 88 |
| MI-279367 | 531.0 | May 7, 2025 | $2,489,600 | 4,688 | 5,127 | 78 |
| MI-259760 | 706.0 | Jul 27, 2025 | $2,598,300 | 3,681 | 4,499 | 74 |
| MI-859268 | 494.3 | May 30, 2024 | $915,800 | 1,853 | 4,340 | 69 |
| MI-297597 | 147.3 | Sep 23, 2024 | $534,300 | 3,627 | 4,034 | 57 |
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.