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Carlton County, MN · Sold

MN-827970

4951 County Road 245

$1,110,000
$5,308/ac · 209 ac
Acreage209 ac
Price per acre$5,308/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedAug 26, 2025
Coordinates46.6960, -92.7661
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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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands15.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,648 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area168.66 of 209.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,389,557
$1,144,945$1,634,169 · $6,645/ac on 209 ac
Asking vs estimate
-20.1%
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 $1,110,000
Maximum allowable offer
$794,033
$3,797/ac · +30.0% target margin

You need $315,967 off asking to hit this margin.

All-in cost$861,526
Net resale$1,278,393
Projected profit$416,867
ROI+48.4%
Annualized+69.2%
Break-even resale$4,478/ac
Profit if resale lands off target
-20%
$161,188
-10%
$289,027
0%
$416,867
+10%
$544,706
+20%
$672,545
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-788107
Gravel · Full utilities
230.9Jul 27, 2026$1,368,0005,9246,1051.7 mi
92
MN-467937
Dirt · Power at road
204.2Jul 27, 2026$795,4003,8965,5027.3 mi
84
MN-558250
Gravel · Off grid
256.1Jan 6, 2026$938,2003,6635,71011.4 mi
76
MN-538963
Landlocked · Power at road
429.3Dec 26, 2025$1,379,2003,2127,2925.2 mi
73
MN-747732
Gravel · Power at road
176.0Oct 5, 2024$913,2005,1896,5085.7 mi
73
MN-889684
Gravel · Off grid
723.8Jul 27, 2026$2,279,0003,1496,5404.3 mi
72
MN-918949
Dirt · Power at road
425.0Jul 27, 2026$1,530,5003,6016,29011.1 mi
71
MN-837797
Gravel · Off grid
184.5Oct 30, 2024$839,3004,5506,78214.2 mi
70
MN-658421
Paved · Power at road
289.9Oct 21, 2024$2,378,5008,20410,0218.3 mi
66
MN-239313
Paved · Power at road
553.2Oct 13, 2025$2,444,5004,4196,2919.0 mi
62
Show adjustment detail for the top comp
  • Tract size (230.93 ac → 209.11 ac)+2.8%

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.