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Carlton County, MN · Sold

MN-837797

8980 County Road 303

$879,800
$4,769/ac · 184 ac
Acreage184 ac
Price per acre$4,769/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedAug 23, 2024
Coordinates46.5349, -92.5786
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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

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

View Carlton market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,923 ft of deeded road frontage.

Power9,658 ft away

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

Buildable area164.04 of 184.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$842,882
$663,586$1,022,179 · $4,569/ac on 184 ac
Asking vs estimate
+4.4%
In line with the comp set

Weighted from 10 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 $879,800
Maximum allowable offer
$481,647
$2,611/ac · +30.0% target margin

You need $398,153 off asking to hit this margin.

All-in cost$522,587
Net resale$775,452
Projected profit$252,865
ROI+48.4%
Annualized+69.2%
Break-even resale$3,079/ac
Profit if resale lands off target
-20%
$97,775
-10%
$175,320
0%
$252,865
+10%
$330,410
+20%
$407,955
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-467937
Dirt · Power at road
204.2Jul 27, 2026$795,4003,8963,9699.7 mi
82
MN-558250
Gravel · Off grid
256.1Jan 6, 2026$938,2003,6634,1192.9 mi
81
MN-827970
Gravel · Full utilities
209.1Jun 30, 2026$929,1004,4433,22214.2 mi
80
MN-788107
Gravel · Full utilities
230.9Jul 27, 2026$1,368,0005,9244,40412.9 mi
80
MN-918949
Dirt · Power at road
425.0Jul 27, 2026$1,530,5003,6014,5383.2 mi
74
MN-747732
Gravel · Power at road
176.0Oct 5, 2024$913,2005,1894,69410.5 mi
73
MN-239313
Paved · Power at road
553.2Oct 13, 2025$2,444,5004,4194,5385.5 mi
68
MN-538963
Landlocked · Power at road
429.3Dec 26, 2025$1,379,2003,2125,2609.2 mi
65
MN-658421
Paved · Power at road
289.9Oct 21, 2024$2,378,5008,2047,2299.7 mi
64
MN-236465
Paved · Power at road
70.3Dec 8, 2023$485,2006,9034,33913.7 mi
53
Show adjustment detail for the top comp
  • Tract size (204.17 ac → 184.48 ac)+2.9%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.