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Carlton County, MN · Sold

MN-249676

5904 County Road 307

$2,662,600
$3,700/ac · 720 ac
Acreage720 ac
Price per acre$3,700/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedApr 20, 2025
Coordinates46.5598, -92.6009
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

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands18.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power227 ft away

Power at or near the road.

Buildable area555.81 of 719.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,305,400
$1,816,984$2,793,817 · $3,204/ac on 720 ac
Asking vs estimate
+15.5%
Priced above the comp set

Weighted from 8 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 $2,662,600
Maximum allowable offer
$1,317,372
$1,831/ac · +30.0% target margin

You need $1,345,228 off asking to hit this margin.

All-in cost$1,429,349
Net resale$2,120,968
Projected profit$691,620
ROI+48.4%
Annualized+69.2%
Break-even resale$2,159/ac
Profit if resale lands off target
-20%
$267,426
-10%
$479,523
0%
$691,620
+10%
$903,717
+20%
$1,115,813
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-918949
Dirt · Power at road
425.0Jul 27, 2026$1,530,5003,6013,0761.2 mi
84
MN-889684
Gravel · Off grid
723.8Jul 27, 2026$2,279,0003,1493,1988.1 mi
84
MN-239313
Paved · Power at road
553.2Oct 13, 2025$2,444,5004,4193,0773.5 mi
82
MN-538963
Landlocked · Power at road
429.3Dec 26, 2025$1,379,2003,2123,5667.2 mi
72
MN-558250
Gravel · Off grid
256.1Jan 6, 2026$938,2003,6632,7920.9 mi
69
MN-788107
Gravel · Full utilities
230.9Jul 27, 2026$1,368,0005,9242,98610.9 mi
66
MN-827970
Gravel · Full utilities
209.1Jun 30, 2026$929,1004,4432,18412.2 mi
64
MN-658421
Paved · Power at road
289.9Oct 21, 2024$2,378,5008,2044,9018.0 mi
61
Show adjustment detail for the top comp
  • Tract size (424.99 ac → 719.63 ac)-14.8%

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.