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Carlton County, MN · Sold

MN-115755

144 County Road 104

$323,500
$7,697/ac · 42.03 ac
Acreage42.03 ac
Price per acre$7,697/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedOct 8, 2024
Coordinates46.6932, -92.7263
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

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

View Carlton market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

880 ft of deeded road frontage.

Power187 ft away

Power at or near the road.

Buildable area37.57 of 42.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$296,851
$263,809$329,893 · $7,063/ac on 42.03 ac
Asking vs estimate
+9.0%
Priced above 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 $323,500
Maximum allowable offer
$169,629
$4,036/ac · +30.0% target margin

You need $153,871 off asking to hit this margin.

All-in cost$184,047
Net resale$273,103
Projected profit$89,055
ROI+48.4%
Annualized+69.2%
Break-even resale$4,760/ac
Profit if resale lands off target
-20%
$34,435
-10%
$61,745
0%
$89,055
+10%
$116,365
+20%
$143,676
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-614877
Gravel · Full utilities
22.3May 7, 2026$235,90010,6046,8234.7 mi
73
MN-294624
Gravel · Power at road
18.5Jun 1, 2026$186,00010,0437,67712.1 mi
69
MN-584812
Gravel · Power at road
21.2Jan 24, 2026$202,4009,5397,52811.9 mi
68
MN-236465
Paved · Power at road
70.3Dec 8, 2023$485,2006,9036,2252.9 mi
67
MN-824259
Gravel · Full utilities
14.2Apr 17, 2026$191,10013,4428,21812.4 mi
63
MN-285041
Landlocked · Off grid
25.1May 31, 2024$94,0003,7515,5967.1 mi
63
MN-764329
Gravel · Off grid
15.0Mar 17, 2025$121,6008,1287,4935.5 mi
61
MN-734116
Dirt · Full utilities
12.8Apr 13, 2025$121,4009,4736,9449.3 mi
60
Show adjustment detail for the top comp
  • Tract size (22.25 ac → 42.03 ac)-9.8%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (3 mo)+1.2%

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.