Comparable sales & offer analysis
Parcel MI-984441
Lenawee County, MI · 14.97 ac · Unzoned · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$115,100
Adjusted value
$105,991
Value range
$81,184–$130,798
Comp $/acre
$7,080/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.6% versus the adjusted value.
Offer position
Max allowable offer
$60,566
Offer $/acre
$4,046/ac
Projected profit
$31,797
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-694527 | 15.9 | Jul 27, 2026 | $94,600 | 5,933 | 5,987 | 86 |
| MI-343371 | 6.9 | Jul 27, 2026 | $40,100 | 5,809 | 4,700 | 77 |
| MI-134638 | 17.3 | Feb 12, 2025 | $67,500 | 3,911 | 6,065 | 76 |
| MI-524093 | 11.6 | Sep 27, 2025 | $108,800 | 9,350 | 8,137 | 74 |
| MI-914642 | 17.3 | Jan 20, 2025 | $87,900 | 5,078 | 8,488 | 74 |
| MI-823374 | 6.9 | Apr 22, 2026 | $54,500 | 7,880 | 9,480 | 72 |
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.