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Carlton County, MN · Sold

MN-285041

9875 County Road 140

$114,300
$4,563/ac · 25.05 ac
Acreage25.05 ac
Price per acre$4,563/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedFeb 23, 2024
Coordinates46.6043, -92.6496
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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

4 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands0.6% of tract

Little to no mapped wetland coverage.

Average slope17.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,446 ft away

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

Buildable area19.92 of 25.05 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$126,223
$107,652$144,795 · $5,039/ac on 25.05 ac
Asking vs estimate
-9.4%
Priced below 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 $114,300
Maximum allowable offer
$72,128
$2,879/ac · +30.0% target margin

You need $42,172 off asking to hit this margin.

All-in cost$78,259
Net resale$116,125
Projected profit$37,867
ROI+48.4%
Annualized+69.2%
Break-even resale$3,396/ac
Profit if resale lands off target
-20%
$14,641
-10%
$26,254
0%
$37,867
+10%
$49,479
+20%
$61,092
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-614877
Gravel · Full utilities
22.3May 7, 2026$235,90010,6044,9985.3 mi
86
MN-294624
Gravel · Power at road
18.5Jun 1, 2026$186,00010,0435,6246.3 mi
78
MN-584812
Gravel · Power at road
21.2Jan 24, 2026$202,4009,5395,5146.1 mi
78
MN-194019
Gravel · Power at road
11.9Jul 27, 2026$89,0007,4473,9551.8 mi
76
MN-824259
Gravel · Full utilities
14.2Apr 17, 2026$191,10013,4426,0206.6 mi
73
MN-764329
Gravel · Off grid
15.0Mar 17, 2025$121,6008,1285,4881.8 mi
72
MN-823936
Gravel · Off grid
11.3Feb 18, 2026$73,2006,5054,1164.9 mi
71
MN-115755
Dirt · Power at road
42.0May 26, 2025$306,4007,2895,6137.1 mi
67
MN-734116
Dirt · Full utilities
12.8Apr 13, 2025$121,4009,4735,0877.0 mi
64
MN-593884
Gravel · Power at road
10.8May 16, 2024$70,8006,5343,7577.7 mi
59
Show adjustment detail for the top comp
  • Tract size (22.25 ac → 25.05 ac)-1.7%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (3 mo)+1.2%

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.