Comparable sales & offer analysis
Parcel MI-240077
Washtenaw County, MI · 0.63 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$4,200
Adjusted value
$4,860
Value range
$4,140–$5,580
Comp $/acre
$7,715/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.6% versus the adjusted value.
Offer position
Max allowable offer
$2,777
Offer $/acre
$4,408/ac
Projected profit
$1,458
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-840370 | 0.8 | Apr 26, 2026 | $4,600 | 5,866 | 8,140 | 77 |
| MI-780446 | 0.8 | Oct 19, 2025 | $6,300 | 7,533 | 9,082 | 77 |
| MI-130661 | 1.0 | Jul 27, 2026 | $4,800 | 4,956 | 6,818 | 77 |
| MI-940936 | 1.2 | Apr 8, 2026 | $8,000 | 6,748 | 5,837 | 76 |
| MI-870054 | 0.6 | Jul 5, 2024 | $6,000 | 9,730 | 8,977 | 72 |
| MI-200764 | 1.0 | Dec 18, 2024 | $10,000 | 9,568 | 8,711 | 67 |
| MI-951665 | 2.0 | May 26, 2026 | $11,500 | 5,753 | 8,055 | 66 |
| MI-281466 | 1.7 | Nov 29, 2025 | $10,700 | 6,149 | 7,448 | 63 |
| MI-151590 | 1.9 | May 12, 2024 | $12,800 | 6,724 | 6,114 | 56 |
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.