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Clay County, MN · Sold

MN-923633

4998 County Road 159

$39,000
$4,319/ac · 9.03 ac
Acreage9.03 ac
Price per acre$4,319/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedJan 30, 2024
Coordinates46.9344, -96.4881
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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

Clay County, Minnesota. Lake country cabin lots north, prime tillable ground south.

View Clay market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands7.0% of tract

Little to no mapped wetland coverage.

Average slope8.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,100 ft away

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

Buildable area7.98 of 9.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$42,357
$36,445$48,268 · $4,691/ac on 9.03 ac
Asking vs estimate
-7.9%
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 $39,000
Maximum allowable offer
$24,204
$2,680/ac · +30.0% target margin

You need $14,796 off asking to hit this margin.

All-in cost$26,261
Net resale$38,968
Projected profit$12,707
ROI+48.4%
Annualized+69.2%
Break-even resale$3,161/ac
Profit if resale lands off target
-20%
$4,913
-10%
$8,810
0%
$12,707
+10%
$16,604
+20%
$20,501
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-163861
Dirt · Full utilities
10.7Jul 27, 2026$95,2008,9354,9983.8 mi
84
MN-953887
Dirt · Power at road
10.9Mar 2, 2026$89,1008,2045,7025.5 mi
83
MN-112924
Dirt · Power at road
5.4Jul 27, 2026$30,9005,7203,7351.9 mi
80
MN-913400
Landlocked · Power at road
7.6Oct 19, 2024$45,8005,9965,4231.9 mi
76
MN-893825
Paved · Power at road
10.4Jul 11, 2025$100,9009,7165,0334.5 mi
75
MN-695273
Dirt · Power at road
29.6Jul 27, 2026$177,7005,9964,6264.3 mi
75
MN-373283
Paved · Off grid
7.0Mar 9, 2024$42,5006,0613,7855.3 mi
74
MN-772011
Dirt · Power at road
2.8Jul 27, 2026$21,9007,8495,0000.9 mi
72
MN-585168
Paved · Power at road
27.5Jul 27, 2026$221,0008,0464,4703.9 mi
71
MN-514641
Dirt · Off grid
18.8Jan 19, 2025$81,7004,3573,9434.8 mi
66
Show adjustment detail for the top comp
  • Tract size (10.66 ac → 9.03 ac)+1.3%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Off grid)-30.3%

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.