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Comparable sales & offer analysis

Parcel MI-687982

Washtenaw County, MI · 195 ac · Mixed Use · Gravel · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$659,500
Adjusted value
$727,400
Value range
$625,813–$828,987
Comp $/acre
$3,736/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.3% versus the adjusted value.

Offer position

Max allowable offer
$415,657
Offer $/acre
$2,135/ac
Projected profit
$218,220
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MI-348151220.1Jan 2, 2026$774,0003,5174,34282
MI-179126446.0Sep 10, 2025$1,257,2002,8193,16671
MI-919335518.9Jul 27, 2026$1,468,8002,8313,20069
MI-109517592.0Feb 17, 2026$2,305,8003,8953,96768
MI-467332121.6Jun 23, 2024$581,5004,7823,31166
MI-29651667.3Jul 26, 2024$240,8003,5774,37363
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.