Comparable sales & offer analysis
Parcel MI-432934
Washtenaw County, MI · 5.03 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$24,500
Adjusted value
$24,289
Value range
$22,346–$26,233
Comp $/acre
$4,829/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.9% versus the adjusted value.
Offer position
Max allowable offer
$13,880
Offer $/acre
$2,759/ac
Projected profit
$7,287
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-673116 | 5.7 | Jul 27, 2026 | $35,600 | 6,213 | 4,982 | 88 |
| MI-263300 | 6.5 | Jul 24, 2026 | $40,700 | 6,220 | 5,026 | 86 |
| MI-152001 | 2.6 | Jul 27, 2026 | $15,000 | 5,849 | 4,720 | 78 |
| MI-951665 | 2.0 | May 26, 2026 | $11,500 | 5,753 | 5,276 | 72 |
| MI-694638 | 17.3 | Jul 3, 2026 | $107,000 | 6,197 | 4,687 | 70 |
| MI-374319 | 13.7 | Jan 19, 2026 | $76,400 | 5,571 | 4,868 | 67 |
| MI-281466 | 1.7 | Nov 29, 2025 | $10,700 | 6,149 | 4,878 | 67 |
| MI-151590 | 1.9 | May 12, 2024 | $12,800 | 6,724 | 4,003 | 61 |
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.