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Clay County, MN · Sold

MN-288545

111 County Road 113

$906,400
$2,858/ac · 317 ac
Acreage317 ac
Price per acre$2,858/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedMar 2, 2024
Coordinates46.8098, -96.4999
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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

1 item to verify before you offer.

Risk index
26
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power230 ft away

Power at or near the road.

Buildable area293.47 of 317.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$806,888
$681,146$932,630 · $2,544/ac on 317 ac
Asking vs estimate
+12.3%
Priced above the comp set

Weighted from 5 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 $906,400
Maximum allowable offer
$461,079
$1,454/ac · +30.0% target margin

You need $445,321 off asking to hit this margin.

All-in cost$500,271
Net resale$742,337
Projected profit$242,066
ROI+48.4%
Annualized+69.2%
Break-even resale$1,715/ac
Profit if resale lands off target
-20%
$93,599
-10%
$167,833
0%
$242,066
+10%
$316,300
+20%
$390,534
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-878196
Landlocked · Full utilities
246.3Jul 27, 2026$779,5003,1652,4179.2 mi
86
MN-297664
Dirt · Power at road
167.5Apr 17, 2026$562,5003,3572,24713.2 mi
74
MN-879603
Gravel · Full utilities
682.6Jul 27, 2026$2,316,4003,3942,3867.2 mi
72
MN-637234
Dirt · Full utilities
122.7May 25, 2026$584,2004,7622,3959.5 mi
72
MN-347574
Landlocked · Off grid
157.0Oct 1, 2024$511,3003,2583,3915.8 mi
65
Show adjustment detail for the top comp
  • Tract size (246.31 ac → 317.16 ac)-7.0%
  • Utilities (Full utilities → Power at road)-18.0%

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.