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Cook County, MN · Sold

MN-165734

2397 County Road 269

$138,400
$3,344/ac · 41.39 ac
Acreage41.39 ac
Price per acre$3,344/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedJul 12, 2026
Coordinates47.7400, -90.2196
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

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
38
Moderate risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,816 ft away

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

Buildable area35.43 of 41.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$142,660
$113,844$171,476 · $3,447/ac on 41.39 ac
Asking vs estimate
-3.0%
In line with 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 $138,400
Maximum allowable offer
$81,520
$1,970/ac · +30.0% target margin

You need $56,880 off asking to hit this margin.

All-in cost$88,449
Net resale$131,247
Projected profit$42,798
ROI+48.4%
Annualized+69.2%
Break-even resale$2,323/ac
Profit if resale lands off target
-20%
$16,548
-10%
$29,673
0%
$42,798
+10%
$55,922
+20%
$69,047
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-445853
Paved · Off grid
45.1Jul 27, 2026$248,7005,5113,23510.4 mi
83
MN-524784
Dirt · Off grid
20.8Jul 27, 2026$99,5004,7813,3981.9 mi
79
MN-625991
Paved · Power at road
49.9Apr 17, 2026$470,7009,4414,8599.9 mi
77
MN-766425
Dirt · Power at road
68.3Jan 28, 2026$325,2004,7623,6268.1 mi
75
MN-895023
Paved · Power at road
24.7Jul 27, 2026$147,6005,9682,69111.3 mi
73
MN-936826
Gravel · Power at road
91.3Jul 27, 2026$562,3006,1584,2275.7 mi
73
MN-307303
Paved · Off grid
129.0Jul 27, 2026$569,7004,4173,29611.7 mi
72
MN-126277
Landlocked · Off grid
61.3Aug 28, 2025$148,1002,4142,71811.9 mi
72
MN-804877
Paved · Off grid
22.3Aug 12, 2025$157,4007,0753,8464.9 mi
71
MN-254121
Dirt · Power at road
12.9Jul 27, 2026$56,0004,3532,4905.2 mi
70
Show adjustment detail for the top comp
  • Tract size (45.12 ac → 41.39 ac)+1.6%
  • 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.