Comparable sales & offer analysis
Parcel MI-151590
Washtenaw County, MI · 1.90 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$12,700
Adjusted value
$16,451
Value range
$14,829–$18,072
Comp $/acre
$8,658/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.8% versus the adjusted value.
Offer position
Max allowable offer
$9,400
Offer $/acre
$4,948/ac
Projected profit
$4,935
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-951665 | 2.0 | May 26, 2026 | $11,500 | 5,753 | 9,700 | 83 |
| MI-152001 | 2.6 | Jul 27, 2026 | $15,000 | 5,849 | 8,678 | 81 |
| MI-281466 | 1.7 | Nov 29, 2025 | $10,700 | 6,149 | 8,970 | 76 |
| MI-130661 | 1.0 | Jul 27, 2026 | $4,800 | 4,956 | 8,211 | 74 |
| MI-940936 | 1.2 | Apr 8, 2026 | $8,000 | 6,748 | 7,029 | 73 |
| MI-432934 | 5.0 | Jun 18, 2026 | $21,700 | 4,320 | 8,041 | 73 |
| MI-673116 | 5.7 | Jul 27, 2026 | $35,600 | 6,213 | 9,160 | 70 |
| MI-840370 | 0.8 | Apr 26, 2026 | $4,600 | 5,866 | 9,802 | 70 |
| MI-240077 | 0.6 | Jul 27, 2026 | $4,000 | 6,333 | 7,644 | 69 |
| MI-263300 | 6.5 | Jul 24, 2026 | $40,700 | 6,220 | 9,240 | 69 |
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.