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Aitkin County, MN · Sold

MN-567867

2173 County Road 20

$410,000
$2,113/ac · 194 ac
Acreage194 ac
Price per acre$2,113/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedNov 15, 2023
Coordinates46.5543, -93.4580
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Aitkin County, Minnesota. Lake country cabin lots north, prime tillable ground south.

View Aitkin market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
60
High risk
Wetlands33.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power47 ft away

Power at or near the road.

Buildable area121.87 of 194.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$420,390
$344,152$496,628 · $2,166/ac on 194 ac
Asking vs estimate
-2.5%
In line with the comp set

Weighted from 9 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $410,000
Maximum allowable offer
$240,223
$1,238/ac · +30.0% target margin

You need $169,777 off asking to hit this margin.

All-in cost$260,642
Net resale$386,759
Projected profit$126,117
ROI+48.4%
Annualized+69.2%
Break-even resale$1,460/ac
Profit if resale lands off target
-20%
$48,765
-10%
$87,441
0%
$126,117
+10%
$164,793
+20%
$203,469
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-918625
Gravel · Power at road
336.1Aug 7, 2025$1,117,7003,3262,7602.9 mi
77
MN-807414
Dirt · Full utilities
139.8Jul 27, 2026$537,2003,8432,28412.8 mi
75
MN-439123
Landlocked · Off grid
482.1May 25, 2026$609,7001,2651,9575.4 mi
73
MN-358234
Gravel · Off grid
253.2May 23, 2025$366,7001,4481,3134.9 mi
72
MN-376966
Gravel · Power at road
101.0Sep 7, 2025$397,7003,9362,3434.4 mi
70
MN-696138
Paved · Full utilities
55.5Jul 27, 2026$392,0007,0682,4584.1 mi
69
MN-456452
Landlocked · Power at road
69.6Jan 3, 2026$184,4002,6482,0968.0 mi
69
MN-356688
Gravel · Full utilities
82.6Mar 8, 2025$402,3004,8702,3107.8 mi
62
MN-778642
Gravel · Power at road
340.3Mar 20, 2024$747,5002,1971,93211.9 mi
61
Show adjustment detail for the top comp
  • Tract size (336.08 ac → 194.08 ac)+17.0%
  • Access (Gravel → Landlocked)-32.0%
  • Market time (12 mo)+4.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.