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Clearwater County, MN · Sold

MN-638193

1126 County Road 187

$1,090,000
$4,435/ac · 246 ac
Acreage246 ac
Price per acre$4,435/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJan 27, 2024
Coordinates47.6464, -95.4447
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

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

View Clearwater market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands45.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power110 ft away

Power at or near the road.

Buildable area127.01 of 245.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,013,906
$845,625$1,182,188 · $4,125/ac on 246 ac
Asking vs estimate
+7.5%
Priced above the comp set

Weighted from 6 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 $1,090,000
Maximum allowable offer
$579,375
$2,357/ac · +30.0% target margin

You need $510,625 off asking to hit this margin.

All-in cost$628,622
Net resale$932,794
Projected profit$304,172
ROI+48.4%
Annualized+69.2%
Break-even resale$2,780/ac
Profit if resale lands off target
-20%
$117,613
-10%
$210,892
0%
$304,172
+10%
$397,451
+20%
$490,731
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-407581
Gravel · Power at road
157.8Apr 23, 2026$642,7004,0743,1391.9 mi
84
MN-517475
Gravel · Power at road
146.1Jul 27, 2026$740,5005,0683,7844.7 mi
79
MN-577184
Dirt · Full utilities
118.3May 3, 2026$676,6005,7183,8893.8 mi
75
MN-647724
Dirt · Off grid
175.0Oct 4, 2025$829,7004,7425,2579.8 mi
73
MN-888804
Dirt · Off grid
382.6Feb 20, 2025$1,161,5003,0364,3168.8 mi
68
MN-827519
Gravel · Off grid
150.8Sep 23, 2024$733,0004,8604,6378.9 mi
63
Show adjustment detail for the top comp
  • Tract size (157.76 ac → 245.77 ac)-11.6%
  • Access (Gravel → Dirt)-14.0%
  • Market time (4 mo)+1.3%

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.