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Aitkin County, MN · Sold

MN-845033

8801 County Road 147

$98,400
$3,950/ac · 24.91 ac
Acreage24.91 ac
Price per acre$3,950/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJul 24, 2024
Coordinates46.5108, -93.3217
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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

3 items to verify before you offer.

Risk index
27
Low risk
Wetlands4.0% of tract

Little to no mapped wetland coverage.

Average slope22.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

937 ft of deeded road frontage.

Power6,466 ft away

A long utility run — price in solar/off-grid instead.

Buildable area14.35 of 24.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$124,886
$99,688$150,084 · $5,013/ac on 24.91 ac
Asking vs estimate
-21.2%
Priced below the comp set

Weighted from 5 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 $98,400
Maximum allowable offer
$71,364
$2,865/ac · +30.0% target margin

You need $27,036 off asking to hit this margin.

All-in cost$77,430
Net resale$114,895
Projected profit$37,465
ROI+48.4%
Annualized+69.2%
Break-even resale$3,379/ac
Profit if resale lands off target
-20%
$14,486
-10%
$25,976
0%
$37,465
+10%
$48,955
+20%
$60,444
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-696138
Paved · Full utilities
55.5Jul 27, 2026$392,0007,0684,81811.2 mi
70
MN-145586
Dirt · Power at road
37.2May 21, 2024$224,9006,0506,97710.2 mi
63
MN-456452
Landlocked · Power at road
69.6Jan 3, 2026$184,4002,6484,10910.3 mi
63
MN-376966
Gravel · Power at road
101.0Sep 7, 2025$397,7003,9364,5937.2 mi
61
MN-356688
Gravel · Full utilities
82.6Mar 8, 2025$402,3004,8704,52813.9 mi
57
Show adjustment detail for the top comp
  • Tract size (55.46 ac → 24.91 ac)+15.2%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Off grid)-30.3%

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.