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Carlton County, MN · Sold

MN-236465

2377 County Road 34

$465,200
$6,618/ac · 70.29 ac
Acreage70.29 ac
Price per acre$6,618/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedNov 3, 2023
Coordinates46.6761, -92.7819
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

4 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands30.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power237 ft away

Power at or near the road.

Buildable area46.48 of 70.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$557,658
$475,350$639,966 · $7,934/ac on 70.29 ac
Asking vs estimate
-16.6%
Priced below the comp set

Weighted from 9 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 $465,200
Maximum allowable offer
$318,662
$4,534/ac · +30.0% target margin

You need $146,538 off asking to hit this margin.

All-in cost$345,748
Net resale$513,046
Projected profit$167,297
ROI+48.4%
Annualized+69.2%
Break-even resale$5,347/ac
Profit if resale lands off target
-20%
$64,688
-10%
$115,993
0%
$167,297
+10%
$218,602
+20%
$269,906
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-467937
Dirt · Power at road
204.2Jul 27, 2026$795,4003,8967,0276.0 mi
72
MN-115755
Dirt · Power at road
42.0May 26, 2025$306,4007,2899,4582.9 mi
72
MN-788107
Gravel · Full utilities
230.9Jul 27, 2026$1,368,0005,9247,7980.9 mi
72
MN-827970
Gravel · Full utilities
209.1Jun 30, 2026$929,1004,4435,7051.6 mi
72
MN-614877
Gravel · Full utilities
22.3May 7, 2026$235,90010,6048,4213.5 mi
68
MN-747732
Gravel · Power at road
176.0Oct 5, 2024$913,2005,1898,3124.4 mi
63
MN-584812
Gravel · Power at road
21.2Jan 24, 2026$202,4009,5399,29111.4 mi
63
MN-285041
Landlocked · Off grid
25.1May 31, 2024$94,0003,7516,9068.0 mi
56
MN-837797
Gravel · Off grid
184.5Oct 30, 2024$839,3004,5508,66213.7 mi
56
Show adjustment detail for the top comp
  • Tract size (204.17 ac → 70.29 ac)+31.2%
  • Access (Dirt → Paved)+37.2%

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.