Comparable sales & offer analysis
Parcel MI-296516
Washtenaw County, MI · 67.32 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$245,500
Adjusted value
$194,731
Value range
$146,446–$243,017
Comp $/acre
$2,893/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.1% versus the adjusted value.
Offer position
Max allowable offer
$111,275
Offer $/acre
$1,653/ac
Projected profit
$58,419
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 | 3,311 | 70 |
| MI-348151 | 220.1 | Jan 2, 2026 | $774,000 | 3,517 | 3,880 | 66 |
| MI-704944 | 21.6 | Apr 22, 2026 | $69,600 | 3,230 | 1,826 | 66 |
| MI-135044 | 23.2 | Sep 1, 2025 | $96,900 | 4,182 | 2,422 | 60 |
| MI-467332 | 121.6 | Jun 23, 2024 | $581,500 | 4,782 | 2,958 | 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.