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Aitkin County, MN · Sold

MN-778642

2143 County Road 188

$866,200
$2,546/ac · 340 ac
Acreage340 ac
Price per acre$2,546/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedFeb 20, 2024
Coordinates46.6890, -93.3021
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

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands5.4% of tract

Little to no mapped wetland coverage.

Average slope25.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power115 ft away

Power at or near the road.

Buildable area193.13 of 340.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$923,362
$731,667$1,115,058 · $2,714/ac on 340 ac
Asking vs estimate
-6.2%
Priced below the comp set

Weighted from 6 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 $866,200
Maximum allowable offer
$527,636
$1,551/ac · +30.0% target margin

You need $338,564 off asking to hit this margin.

All-in cost$572,485
Net resale$849,493
Projected profit$277,008
ROI+48.4%
Annualized+69.2%
Break-even resale$1,829/ac
Profit if resale lands off target
-20%
$107,110
-10%
$192,059
0%
$277,008
+10%
$361,958
+20%
$446,907
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-918625
Gravel · Power at road
336.1Aug 7, 2025$1,117,7003,3263,4569.7 mi
80
MN-807414
Dirt · Full utilities
139.8Jul 27, 2026$537,2003,8432,8600.9 mi
80
MN-439123
Landlocked · Off grid
482.1May 25, 2026$609,7001,2652,45010.3 mi
75
MN-358234
Gravel · Off grid
253.2May 23, 2025$366,7001,4481,6459.3 mi
72
MN-376966
Gravel · Power at road
101.0Sep 7, 2025$397,7003,9362,9347.5 mi
65
MN-567867
Landlocked · Power at road
194.1Jan 3, 2025$419,4002,1612,89011.9 mi
64
Show adjustment detail for the top comp
  • 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.