Comparable sales & offer analysis
Parcel MI-982167
Lenawee County, MI · 2.88 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$21,600
Adjusted value
$25,456
Value range
$18,328–$32,583
Comp $/acre
$8,839/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.1% versus the adjusted value.
Offer position
Max allowable offer
$14,546
Offer $/acre
$5,051/ac
Projected profit
$7,637
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-392486 | 3.6 | Jul 27, 2026 | $18,000 | 4,958 | 7,184 | 90 |
| MI-361647 | 2.0 | Nov 10, 2025 | $16,900 | 8,537 | 10,654 | 80 |
| MI-343371 | 6.9 | Jul 27, 2026 | $40,100 | 5,809 | 6,041 | 80 |
| MI-842144 | 2.8 | Aug 27, 2024 | $14,200 | 5,016 | 7,791 | 74 |
| MI-930471 | 0.8 | Jul 27, 2026 | $5,900 | 7,056 | 8,452 | 72 |
| MI-191155 | 1.4 | May 6, 2025 | $12,800 | 9,175 | 14,008 | 72 |
| MI-823374 | 6.9 | Apr 22, 2026 | $54,500 | 7,880 | 12,184 | 71 |
| MI-652696 | 4.2 | Oct 29, 2024 | $16,800 | 3,972 | 6,138 | 69 |
| MI-330444 | 0.8 | Aug 17, 2025 | $2,800 | 3,379 | 7,278 | 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.