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Carlton County, MN · Sold

MN-311143

5477 County Road 114

$16,000
$10,738/ac · 1.49 ac
Acreage1.49 ac
Price per acre$10,738/ac
ZoningAgricultural
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedFeb 9, 2024
Coordinates46.5792, -92.6486
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
9
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

247 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.35 of 1.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$22,242
$18,124$26,360 · $14,927/ac on 1.49 ac
Asking vs estimate
-28.1%
Priced below the comp set

Weighted from 6 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 $16,000
Maximum allowable offer
$12,710
$8,530/ac · +30.0% target margin

You need $3,290 off asking to hit this margin.

All-in cost$13,790
Net resale$20,463
Projected profit$6,672
ROI+48.4%
Annualized+69.2%
Break-even resale$10,060/ac
Profit if resale lands off target
-20%
$2,580
-10%
$4,626
0%
$6,672
+10%
$8,718
+20%
$10,765
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-841213
Gravel · Off grid
1.6Jun 11, 2025$11,0006,98412,4253.7 mi
82
MN-450167
Landlocked · Full utilities
0.7Jul 27, 2026$5,2007,08212,2201.0 mi
79
MN-131244
Gravel · Power at road
1.6Mar 24, 2025$17,30010,84116,5414.4 mi
75
MN-272782
Gravel · Full utilities
4.9Jul 27, 2026$55,90011,44613,9877.4 mi
70
MN-230407
Paved · Full utilities
0.9Oct 31, 2023$11,80013,53415,0274.0 mi
68
MN-662506
Gravel · Full utilities
4.0Feb 26, 2025$63,80015,98520,5214.2 mi
64
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (14 mo)+5.0%

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.