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Carlton County, MN · Sold

MN-918949

1008 County Road 266

$1,790,000
$4,212/ac · 425 ac
Acreage425 ac
Price per acre$4,212/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedOct 1, 2025
Coordinates46.5767, -92.6085
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

3 items to verify before you offer.

Risk index
30
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope24.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11 ft away

Power at or near the road.

Buildable area252.19 of 424.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,626,905
$1,279,310$1,974,501 · $3,828/ac on 425 ac
Asking vs estimate
+10.0%
Priced above 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 $1,790,000
Maximum allowable offer
$929,660
$2,187/ac · +30.0% target margin

You need $860,340 off asking to hit this margin.

All-in cost$1,008,681
Net resale$1,496,753
Projected profit$488,072
ROI+48.4%
Annualized+69.2%
Break-even resale$2,580/ac
Profit if resale lands off target
-20%
$188,721
-10%
$338,396
0%
$488,072
+10%
$637,747
+20%
$787,422
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-538963
Landlocked · Power at road
429.3Dec 26, 2025$1,379,2003,2124,1846.2 mi
82
MN-889684
Gravel · Off grid
723.8Jul 27, 2026$2,279,0003,1493,7537.1 mi
80
MN-239313
Paved · Power at road
553.2Oct 13, 2025$2,444,5004,4193,6102.3 mi
79
MN-249676
Dirt · Power at road
719.6Oct 14, 2025$2,758,5003,8334,6551.2 mi
78
MN-467937
Dirt · Power at road
204.2Jul 27, 2026$795,4003,8963,1577.6 mi
77
MN-558250
Gravel · Off grid
256.1Jan 6, 2026$938,2003,6633,2760.7 mi
75
MN-788107
Gravel · Full utilities
230.9Jul 27, 2026$1,368,0005,9243,5039.9 mi
73
MN-827970
Gravel · Full utilities
209.1Jun 30, 2026$929,1004,4432,56311.1 mi
70
MN-658421
Paved · Power at road
289.9Oct 21, 2024$2,378,5008,2045,7506.9 mi
68
MN-837797
Gravel · Off grid
184.5Oct 30, 2024$839,3004,5503,8913.2 mi
63
Show adjustment detail for the top comp
  • Access (Landlocked → Dirt)+26.5%
  • Market time (8 mo)+2.7%

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.