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Cook County, MN · Sold

MN-782973

2020 County Road 281

$17,500
$3,125/ac · 5.60 ac
Acreage5.60 ac
Price per acre$3,125/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedMay 7, 2025
Coordinates47.6704, -90.2517
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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
Wetlands12.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.2%

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.

Power8,678 ft away

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

Buildable area4.63 of 5.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$22,318
$17,952$26,685 · $3,985/ac on 5.60 ac
Asking vs estimate
-21.6%
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 $17,500
Maximum allowable offer
$12,753
$2,277/ac · +30.0% target margin

You need $4,747 off asking to hit this margin.

All-in cost$13,837
Net resale$20,533
Projected profit$6,696
ROI+48.4%
Annualized+69.3%
Break-even resale$2,686/ac
Profit if resale lands off target
-20%
$2,589
-10%
$4,643
0%
$6,696
+10%
$8,749
+20%
$10,802
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-163197
Gravel · Power at road
6.6Jan 18, 2026$57,1008,6645,1749.9 mi
75
MN-782271
Dirt · Power at road
3.4Jul 27, 2026$19,7005,8433,8559.6 mi
74
MN-311943
Dirt · Power at road
2.7Apr 29, 2026$15,6005,8813,89311.4 mi
73
MN-752047
Dirt · Power at road
2.9Mar 16, 2026$17,2006,0044,0022.9 mi
73
MN-941443
Paved · Full utilities
1.9Jul 18, 2026$15,6008,4143,2710.5 mi
73
MN-432283
Gravel · Power at road
3.4Jun 24, 2026$16,2004,7752,72111.4 mi
73
MN-254121
Dirt · Power at road
12.9Jul 27, 2026$56,0004,3533,1116.4 mi
72
MN-132012
Dirt · Off grid
2.8Feb 9, 2025$16,8006,0184,9303.9 mi
67
MN-964079
Gravel · Full utilities
12.5Oct 29, 2025$104,6008,3854,34415.2 mi
61
MN-641690
Gravel · Full utilities
2.2May 23, 2024$21,3009,6194,8279.7 mi
56
Show adjustment detail for the top comp
  • Tract size (6.59 ac → 5.6 ac)+0.9%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (7 mo)+2.4%

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.