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Carlton County, MN · Sold

MN-734116

115 County Road 152

$124,300
$9,696/ac · 12.82 ac
Acreage12.82 ac
Price per acre$9,696/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedJun 29, 2024
Coordinates46.5657, -92.7856
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
8
Low risk
Wetlands3.3% of tract

Little to no mapped wetland coverage.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

903 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area11.78 of 12.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$126,375
$105,989$146,761 · $9,858/ac on 12.82 ac
Asking vs estimate
-1.6%
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 $124,300
Maximum allowable offer
$72,214
$5,633/ac · +30.0% target margin

You need $52,086 off asking to hit this margin.

All-in cost$78,352
Net resale$116,265
Projected profit$37,913
ROI+48.4%
Annualized+69.3%
Break-even resale$6,643/ac
Profit if resale lands off target
-20%
$14,660
-10%
$26,286
0%
$37,913
+10%
$49,540
+20%
$61,166
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-194019
Gravel · Power at road
11.9Jul 27, 2026$89,0007,4477,7806.1 mi
84
MN-823936
Gravel · Off grid
11.3Feb 18, 2026$73,2006,5058,0975.3 mi
84
MN-953238
Dirt · Power at road
6.8Jul 27, 2026$44,5006,5597,6403.7 mi
83
MN-824259
Gravel · Full utilities
14.2Apr 17, 2026$191,10013,44211,8425.4 mi
83
MN-294624
Gravel · Power at road
18.5Jun 1, 2026$186,00010,04311,0625.3 mi
78
MN-614877
Gravel · Full utilities
22.3May 7, 2026$235,90010,6049,8314.6 mi
77
MN-272782
Gravel · Full utilities
4.9Jul 27, 2026$55,90011,4469,2393.1 mi
75
MN-283157
Paved · Full utilities
6.4Apr 1, 2025$105,10016,41512,0132.8 mi
73
MN-584812
Gravel · Power at road
21.2Jan 24, 2026$202,4009,53910,8475.3 mi
72
MN-764329
Gravel · Off grid
15.0Mar 17, 2025$121,6008,12810,7966.4 mi
72
Show adjustment detail for the top comp
  • Tract size (11.95 ac → 12.82 ac)-0.7%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Full utilities)+22.0%

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.