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Aitkin County, MN · Sold

MN-356688

757 County Road 358

$378,500
$4,582/ac · 82.61 ac
Acreage82.61 ac
Price per acre$4,582/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedApr 18, 2024
Coordinates46.6589, -93.5212
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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
52
Moderate risk
Wetlands48.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area40.73 of 82.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$421,679
$319,688$523,670 · $5,104/ac on 82.61 ac
Asking vs estimate
-10.2%
Priced below the comp set

Weighted from 8 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 $378,500
Maximum allowable offer
$240,959
$2,917/ac · +30.0% target margin

You need $137,541 off asking to hit this margin.

All-in cost$261,441
Net resale$387,945
Projected profit$126,504
ROI+48.4%
Annualized+69.3%
Break-even resale$3,440/ac
Profit if resale lands off target
-20%
$48,915
-10%
$87,710
0%
$126,504
+10%
$165,299
+20%
$204,093
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-696138
Paved · Full utilities
55.5Jul 27, 2026$392,0007,0685,4964.8 mi
85
MN-456452
Landlocked · Power at road
69.6Jan 3, 2026$184,4002,6484,6876.8 mi
81
MN-376966
Gravel · Power at road
101.0Sep 7, 2025$397,7003,9365,2397.1 mi
81
MN-807414
Dirt · Full utilities
139.8Jul 27, 2026$537,2003,8435,10711.2 mi
75
MN-567867
Landlocked · Power at road
194.1Jan 3, 2025$419,4002,1615,1607.8 mi
61
MN-358234
Gravel · Off grid
253.2May 23, 2025$366,7001,4482,93710.4 mi
60
MN-145586
Dirt · Power at road
37.2May 21, 2024$224,9006,0507,9585.4 mi
60
MN-845033
Gravel · Off grid
24.9Apr 26, 2025$85,9003,4494,14913.9 mi
57
Show adjustment detail for the top comp
  • Tract size (55.46 ac → 82.61 ac)-8.4%
  • Access (Paved → Gravel)-15.3%

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.