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Clay County, MN · Sold

MN-347574

9784 County Road 185

$569,400
$3,628/ac · 157 ac
Acreage157 ac
Price per acre$3,628/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedOct 16, 2023
Coordinates46.8239, -96.3797
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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
36
Moderate risk
Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power5,584 ft away

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

Buildable area139.42 of 156.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$425,223
$366,604$483,842 · $2,709/ac on 157 ac
Asking vs estimate
+33.9%
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 $569,400
Maximum allowable offer
$242,984
$1,548/ac · +30.0% target margin

You need $326,416 off asking to hit this margin.

All-in cost$263,638
Net resale$391,205
Projected profit$127,567
ROI+48.4%
Annualized+69.3%
Break-even resale$1,826/ac
Profit if resale lands off target
-20%
$49,326
-10%
$88,447
0%
$127,567
+10%
$166,688
+20%
$205,808
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-878196
Landlocked · Full utilities
246.3Jul 27, 2026$779,5003,1652,5049.5 mi
78
MN-297664
Dirt · Power at road
167.5Apr 17, 2026$562,5003,3572,32815.4 mi
76
MN-637234
Dirt · Full utilities
122.7May 25, 2026$584,2004,7622,48212.7 mi
75
MN-206581
Paved · Power at road
76.5Jan 16, 2025$578,3007,5643,2994.6 mi
64
MN-288545
Landlocked · Power at road
317.2May 9, 2024$863,8002,7243,0915.8 mi
64
Show adjustment detail for the top comp
  • Tract size (246.31 ac → 156.96 ac)+13.3%
  • 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.