Comparable sales & offer analysis
Parcel MI-940936
Washtenaw County, MI · 1.18 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,100
Adjusted value
$10,714
Value range
$9,319–$12,108
Comp $/acre
$9,079/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.4% versus the adjusted value.
Offer position
Max allowable offer
$6,122
Offer $/acre
$5,188/ac
Projected profit
$3,214
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-130661 | 1.0 | Jul 27, 2026 | $4,800 | 4,956 | 8,045 | 78 |
| MI-200764 | 1.0 | Dec 18, 2024 | $10,000 | 9,568 | 10,274 | 78 |
| MI-240077 | 0.6 | Jul 27, 2026 | $4,000 | 6,333 | 7,489 | 78 |
| MI-281466 | 1.7 | Nov 29, 2025 | $10,700 | 6,149 | 8,787 | 76 |
| MI-951665 | 2.0 | May 26, 2026 | $11,500 | 5,753 | 9,503 | 75 |
| MI-780446 | 0.8 | Oct 19, 2025 | $6,300 | 7,533 | 10,713 | 73 |
| MI-152001 | 2.6 | Jul 27, 2026 | $15,000 | 5,849 | 8,502 | 72 |
| MI-840370 | 0.8 | Apr 26, 2026 | $4,600 | 5,866 | 9,603 | 72 |
| MI-870054 | 0.6 | Jul 5, 2024 | $6,000 | 9,730 | 10,587 | 69 |
| MI-151590 | 1.9 | May 12, 2024 | $12,800 | 6,724 | 7,211 | 63 |
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.