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Cook County, MN · Sold

MN-126277

4211 County Road 289

$178,400
$2,908/ac · 61.34 ac
Acreage61.34 ac
Price per acre$2,908/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedAug 8, 2024
Coordinates47.7772, -90.4691
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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

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

View Cook market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands13.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power13,452 ft away

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

Buildable area50.64 of 61.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$203,202
$168,053$238,351 · $3,313/ac on 61.34 ac
Asking vs estimate
-12.2%
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 $178,400
Maximum allowable offer
$116,115
$1,893/ac · +30.0% target margin

You need $62,285 off asking to hit this margin.

All-in cost$125,985
Net resale$186,946
Projected profit$60,961
ROI+48.4%
Annualized+69.3%
Break-even resale$2,232/ac
Profit if resale lands off target
-20%
$23,572
-10%
$42,266
0%
$60,961
+10%
$79,656
+20%
$98,350
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-445853
Paved · Off grid
45.1Jul 27, 2026$248,7005,5112,9906.8 mi
86
MN-625991
Paved · Power at road
49.9Apr 17, 2026$470,7009,4414,4912.0 mi
82
MN-165734
Landlocked · Off grid
41.4Jul 27, 2026$118,3002,8592,64811.9 mi
80
MN-936826
Gravel · Power at road
91.3Jul 27, 2026$562,3006,1583,9066.8 mi
78
MN-766425
Dirt · Power at road
68.3Jan 28, 2026$325,2004,7623,3529.6 mi
77
MN-307303
Paved · Off grid
129.0Jul 27, 2026$569,7004,4173,0465.8 mi
75
MN-895023
Paved · Power at road
24.7Jul 27, 2026$147,6005,9682,4871.3 mi
75
MN-524784
Dirt · Off grid
20.8Jul 27, 2026$99,5004,7813,14010.1 mi
74
MN-804877
Paved · Off grid
22.3Aug 12, 2025$157,4007,0753,5557.6 mi
68
MN-776725
Dirt · Full utilities
84.9Feb 16, 2025$470,6005,5453,4948.0 mi
68
Show adjustment detail for the top comp
  • Tract size (45.12 ac → 61.34 ac)-6.1%
  • Access (Paved → Landlocked)-42.4%

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.