← New search
Carlton County, MN · Sold

MN-658421

5954 County Road 224

$2,622,400
$9,046/ac · 290 ac
Acreage290 ac
Price per acre$9,046/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedJul 6, 2024
Coordinates46.6755, -92.5930
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
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,748 ft of deeded road frontage.

Power113 ft away

Power at or near the road.

Buildable area263.30 of 289.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,593,263
$1,358,655$1,827,871 · $5,496/ac on 290 ac
Asking vs estimate
+64.6%
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 $2,622,400
Maximum allowable offer
$910,436
$3,140/ac · +30.0% target margin

You need $1,711,964 off asking to hit this margin.

All-in cost$987,823
Net resale$1,465,802
Projected profit$477,979
ROI+48.4%
Annualized+69.2%
Break-even resale$3,704/ac
Profit if resale lands off target
-20%
$184,819
-10%
$331,399
0%
$477,979
+10%
$624,559
+20%
$771,139
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-467937
Dirt · Power at road
204.2Jul 27, 2026$795,4003,8964,84810.1 mi
83
MN-558250
Gravel · Off grid
256.1Jan 6, 2026$938,2003,6635,0317.5 mi
82
MN-918949
Dirt · Power at road
425.0Jul 27, 2026$1,530,5003,6015,5436.9 mi
80
MN-788107
Gravel · Full utilities
230.9Jul 27, 2026$1,368,0005,9245,3808.1 mi
80
MN-827970
Gravel · Full utilities
209.1Jun 30, 2026$929,1004,4433,9368.3 mi
77
MN-538963
Landlocked · Power at road
429.3Dec 26, 2025$1,379,2003,2126,4266.5 mi
75
MN-239313
Paved · Power at road
553.2Oct 13, 2025$2,444,5004,4195,5444.9 mi
73
MN-889684
Gravel · Off grid
723.8Jul 27, 2026$2,279,0003,1495,7636.8 mi
71
MN-747732
Gravel · Power at road
176.0Oct 5, 2024$913,2005,1895,7349.4 mi
69
MN-249676
Dirt · Power at road
719.6Oct 14, 2025$2,758,5003,8337,1508.0 mi
66
Show adjustment detail for the top comp
  • Tract size (204.17 ac → 289.91 ac)-9.5%
  • Access (Dirt → Paved)+37.2%

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.