Comparable sales & offer analysis
Parcel MI-348151
Washtenaw County, MI · 220 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$789,000
Adjusted value
$660,533
Value range
$587,285–$733,780
Comp $/acre
$3,001/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.4% versus the adjusted value.
Offer position
Max allowable offer
$377,447
Offer $/acre
$1,715/ac
Projected profit
$198,160
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-687982 | 194.7 | Feb 11, 2026 | $706,300 | 3,628 | 3,096 | 82 |
| MI-109517 | 592.0 | Feb 17, 2026 | $2,305,800 | 3,895 | 3,314 | 73 |
| MI-929842 | 749.1 | Jul 27, 2026 | $1,736,000 | 2,317 | 2,889 | 70 |
| MI-919335 | 518.9 | Jul 27, 2026 | $1,468,800 | 2,831 | 2,674 | 70 |
| MI-179126 | 446.0 | Sep 10, 2025 | $1,257,200 | 2,819 | 2,645 | 68 |
| MI-467332 | 121.6 | Jun 23, 2024 | $581,500 | 4,782 | 2,766 | 60 |
| MI-296516 | 67.3 | Jul 26, 2024 | $240,800 | 3,577 | 3,653 | 59 |
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.