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Comparable sales & offer analysis

Parcel MI-240077

Washtenaw County, MI · 0.63 ac · Recreational · Gravel · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$4,200
Adjusted value
$4,887
Value range
$4,163–$5,612
Comp $/acre
$7,758/ac

Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.1% versus the adjusted value.

Offer position

Max allowable offer
$2,793
Offer $/acre
$4,433/ac
Projected profit
$1,466
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-7804460.8Oct 19, 2025$6,3007,5339,13176
MI-8403700.8Apr 26, 2026$4,6005,8668,18476
MI-1306611.0Jul 27, 2026$4,8004,9566,85675
MI-9409361.2Apr 8, 2026$8,0006,7485,86975
MI-8700540.6Jul 5, 2024$6,0009,7309,02372
MI-2007641.0Dec 18, 2024$10,0009,5688,75666
MI-9516652.0May 26, 2026$11,5005,7538,09964
MI-2814661.7Nov 29, 2025$10,7006,1497,48963
MI-1515901.9May 12, 2024$12,8006,7246,14656
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.