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Carlton County, MN · Sold

MN-558250

5201 County Road 137

$1,058,900
$4,134/ac · 256 ac
Acreage256 ac
Price per acre$4,134/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedMar 19, 2025
Coordinates46.5674, -92.6158
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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
15
Low risk
Wetlands9.0% of tract

Little to no mapped wetland coverage.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,562 ft of deeded road frontage.

Power9,784 ft away

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

Buildable area221.43 of 256.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,102,540
$873,350$1,331,730 · $4,304/ac on 256 ac
Asking vs estimate
-4.0%
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 $1,058,900
Maximum allowable offer
$630,023
$2,460/ac · +30.0% target margin

You need $428,877 off asking to hit this margin.

All-in cost$683,575
Net resale$1,014,337
Projected profit$330,762
ROI+48.4%
Annualized+69.2%
Break-even resale$2,901/ac
Profit if resale lands off target
-20%
$127,894
-10%
$229,328
0%
$330,762
+10%
$432,195
+20%
$533,629
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-467937
Dirt · Power at road
204.2Jul 27, 2026$795,4003,8963,6197.3 mi
85
MN-788107
Gravel · Full utilities
230.9Jul 27, 2026$1,368,0005,9244,01610.1 mi
84
MN-827970
Gravel · Full utilities
209.1Jun 30, 2026$929,1004,4432,93811.4 mi
80
MN-918949
Dirt · Power at road
425.0Jul 27, 2026$1,530,5003,6014,1380.7 mi
80
MN-658421
Paved · Power at road
289.9Oct 21, 2024$2,378,5008,2046,5927.5 mi
75
MN-837797
Gravel · Off grid
184.5Oct 30, 2024$839,3004,5504,4612.9 mi
75
MN-889684
Gravel · Off grid
723.8Jul 27, 2026$2,279,0003,1494,3027.2 mi
74
MN-747732
Gravel · Power at road
176.0Oct 5, 2024$913,2005,1894,2817.9 mi
73
MN-538963
Landlocked · Power at road
429.3Dec 26, 2025$1,379,2003,2124,7976.3 mi
71
MN-239313
Paved · Power at road
553.2Oct 13, 2025$2,444,5004,4194,1382.8 mi
68
Show adjustment detail for the top comp
  • Tract size (204.17 ac → 256.14 ac)-6.2%
  • 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.