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Aitkin County, MN · Sold

MN-530513

2866 County Road 203

$4,900
$5,213/ac · 0.94 ac
Acreage0.94 ac
Price per acre$5,213/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedMay 20, 2024
Coordinates46.6256, -93.3769
Loading terrain…
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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope6.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

136 ft of deeded road frontage.

Power2 ft away

Power at or near the road.

Buildable area0.88 of 0.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,453
$4,906$6,000 · $5,801/ac on 0.94 ac
Asking vs estimate
-10.1%
Priced below the comp set

Weighted from 4 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 $4,900
Maximum allowable offer
$3,116
$3,315/ac · +30.0% target margin

You need $1,784 off asking to hit this margin.

All-in cost$3,381
Net resale$5,017
Projected profit$1,636
ROI+48.4%
Annualized+69.2%
Break-even resale$3,909/ac
Profit if resale lands off target
-20%
$633
-10%
$1,134
0%
$1,636
+10%
$2,138
+20%
$2,639
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-632588
Gravel · Full utilities
4.2Jul 27, 2026$29,4006,9285,0564.1 mi
72
MN-951450
Gravel · Power at road
1.9Dec 1, 2024$12,2006,5336,0787.4 mi
64
MN-771838
Gravel · Power at road
2.5Jan 6, 2025$17,4007,0616,5833.4 mi
64
MN-322320
Paved · Off grid
3.5Mar 31, 2025$20,8005,9725,5565.3 mi
58
Show adjustment detail for the top comp
  • Tract size (4.24 ac → 0.94 ac)+3.3%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Power at road)-18.0%

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.