Comparable sales & offer analysis
Parcel MI-984441
Lenawee County, MI · 14.97 ac · Unzoned · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$115,100
Adjusted value
$106,593
Value range
$81,682–$131,505
Comp $/acre
$7,120/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.0% versus the adjusted value.
Offer position
Max allowable offer
$60,911
Offer $/acre
$4,069/ac
Projected profit
$31,978
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 | 6,020 | 85 |
| MI-343371 | 6.9 | Jul 27, 2026 | $40,100 | 5,809 | 4,726 | 76 |
| MI-134638 | 17.3 | Feb 12, 2025 | $67,500 | 3,911 | 6,096 | 75 |
| MI-524093 | 11.6 | Sep 27, 2025 | $108,800 | 9,350 | 8,181 | 74 |
| MI-914642 | 17.3 | Jan 20, 2025 | $87,900 | 5,078 | 8,533 | 73 |
| MI-823374 | 6.9 | Apr 22, 2026 | $54,500 | 7,880 | 9,532 | 71 |
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.