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Crow Wing County, MN · Sold

MN-924774

866 County Road 229

$102,200
$4,949/ac · 20.65 ac
Acreage20.65 ac
Price per acre$4,949/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedOct 7, 2023
Coordinates46.5157, -94.1380
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

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

View Crow Wing market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
31
Moderate risk
Wetlands9.4% of tract

Little to no mapped wetland coverage.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power126 ft away

Power at or near the road.

Buildable area17.77 of 20.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$102,712
$78,074$127,351 · $4,974/ac on 20.65 ac
Asking vs estimate
-0.5%
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 $102,200
Maximum allowable offer
$58,693
$2,842/ac · +30.0% target margin

You need $43,507 off asking to hit this margin.

All-in cost$63,682
Net resale$94,495
Projected profit$30,813
ROI+48.4%
Annualized+69.2%
Break-even resale$3,352/ac
Profit if resale lands off target
-20%
$11,914
-10%
$21,364
0%
$30,813
+10%
$40,263
+20%
$49,712
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-554908
Landlocked · Power at road
22.8Dec 14, 2025$95,3004,1894,3635.5 mi
84
MN-363795
Gravel · Power at road
10.2Jul 27, 2026$93,8009,2295,8391.0 mi
79
MN-185116
Paved · Power at road
26.4Mar 21, 2026$153,9005,8193,5318.7 mi
78
MN-465146
Dirt · Power at road
27.0Jan 27, 2025$152,1005,6284,9244.8 mi
73
MN-694014
Gravel · Power at road
11.9May 5, 2025$108,9009,1426,1668.6 mi
72
MN-556091
Paved · Off grid
53.6Jun 20, 2026$273,6005,1034,0884.4 mi
71
MN-756485
Gravel · Full utilities
71.3Jul 27, 2026$402,0005,6373,9316.0 mi
68
MN-995828
Dirt · Power at road
44.3Jan 7, 2025$342,2007,7237,3689.2 mi
67
MN-814114
Dirt · Off grid
12.8Dec 12, 2024$51,4004,0123,7855.0 mi
67
MN-245382
Gravel · Power at road
32.1Dec 12, 2024$247,1007,7055,9869.9 mi
66
Show adjustment detail for the top comp
  • Tract size (22.75 ac → 20.65 ac)+1.3%
  • Market time (8 mo)+2.8%

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.