Beltrami County, MN · Sold

MN-856802

1518 County Road 363

$315,000

$3,511/ac · 89.72 ac

Offer report Market this tract

Acreage89.72 ac

Price per acre$3,511/ac

ZoningRecreational

Road accessDirt

UtilitiesPower at road

TopographyFlat

ListedJul 4, 2024

Coordinates47.8762, -94.8763

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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

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

View Beltrami market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands41.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

2,017 ft of deeded road frontage.

Power133 ft away

Power at or near the road.

Buildable area49.86 of 89.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$293,125

$243,250 – $342,999 · $3,267/ac on 89.72 ac

Asking vs estimate

+7.5%

Priced above the comp set

Weighted from 7 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 $315,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$167,500

$1,867/ac · +30.0% target margin

You need $147,500 off asking to hit this margin.

All-in cost$181,738

Net resale$269,675

Projected profit$87,937

ROI+48.4%

Annualized+69.2%

Break-even resale$2,202/ac

Profit if resale lands off target

-20%

$34,002

-10%

$60,970

$87,937

+10%

$114,905

+20%

$141,872

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MN-876985 Gravel · Off grid	102.4	Jul 26, 2026	$387,500	3,783	3,963	6.7 mi	82
MN-366469 Paved · Off grid	70.5	Jul 27, 2026	$213,400	3,027	2,459	11.9 mi	77
MN-496663 Dirt · Off grid	81.1	Nov 21, 2025	$228,600	2,818	3,336	11.0 mi	77
MN-936341 Dirt · Power at road	64.3	Apr 27, 2026	$200,100	3,114	2,921	13.5 mi	77
MN-697827 Dirt · Full utilities	188.5	Jul 27, 2026	$747,000	3,962	3,946	5.6 mi	77
MN-856059 Paved · Off grid	52.4	Jul 27, 2026	$186,000	3,551	2,708	6.0 mi	76
MN-915511 Gravel · Off grid	35.2	May 26, 2024	$136,800	3,884	3,538	5.8 mi	63

Show adjustment detail for the top comp

Tract size (102.44 ac → 89.72 ac)+3.3%
Access (Gravel → Dirt)-14.0%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV