Cook County, MN · Sold

MN-401201

3629 County Road 289

$6,100

$3,935/ac · 1.55 ac

Offer report Market this tract

Acreage1.55 ac

Price per acre$3,935/ac

ZoningResidential

Road accessLandlocked

UtilitiesPower at road

TopographyWooded

ListedApr 28, 2024

Coordinates47.7030, -90.3886

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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

2 items to verify before you offer.

Risk index

Moderate risk

Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope2.5%

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.

Power24 ft away

Power at or near the road.

Buildable area1.32 of 1.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$7,567

$6,242 – $8,892 · $4,882/ac on 1.55 ac

Asking vs estimate

-19.4%

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 $6,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$4,324

$2,790/ac · +30.0% target margin

You need $1,776 off asking to hit this margin.

All-in cost$4,692

Net resale$6,961

Projected profit$2,270

ROI+48.4%

Annualized+69.2%

Break-even resale$3,290/ac

Profit if resale lands off target

-20%

$878

-10%

$1,574

$2,270

+10%

$2,966

+20%

$3,662

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MN-941443 Paved · Full utilities	1.9	Jul 18, 2026	$15,600	8,414	4,000	6.9 mi	81
MN-791196 Paved · Power at road	1.6	Nov 23, 2024	$14,100	9,095	5,622	3.8 mi	78
MN-782271 Dirt · Power at road	3.4	Jul 27, 2026	$19,700	5,843	4,714	2.9 mi	77
MN-752047 Dirt · Power at road	2.9	Mar 16, 2026	$17,200	6,004	4,894	3.9 mi	75
MN-311943 Dirt · Power at road	2.7	Apr 29, 2026	$15,600	5,881	4,760	9.6 mi	73
MN-640711 Dirt · Off grid	1.1	Feb 11, 2026	$7,200	6,571	6,213	8.4 mi	73
MN-900517 Dirt · Off grid	0.9	Dec 6, 2025	$5,100	5,349	5,089	3.8 mi	73
MN-132012 Dirt · Off grid	2.8	Feb 9, 2025	$16,800	6,018	6,028	2.9 mi	72
MN-432283 Gravel · Power at road	3.4	Jun 24, 2026	$16,200	4,775	3,327	11.0 mi	72
MN-300679 Dirt · Off grid	1.1	Aug 9, 2025	$4,600	4,336	4,185	5.0 mi	71

Show adjustment detail for the top comp

Access (Paved → Landlocked)-42.4%
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.

Build the listing kit Post a deal or JV