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Crow Wing County, MN · Sold

MN-205701

9018 County Road 397

$204,400
$5,058/ac · 40.41 ac
Acreage40.41 ac
Price per acre$5,058/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedSep 21, 2023
Coordinates46.4468, -94.1713
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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands17.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

509 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area31.59 of 40.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$279,955
$210,561$349,349 · $6,928/ac on 40.41 ac
Asking vs estimate
-27.0%
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 $204,400
Maximum allowable offer
$159,974
$3,959/ac · +30.0% target margin

You need $44,426 off asking to hit this margin.

All-in cost$173,572
Net resale$257,558
Projected profit$83,987
ROI+48.4%
Annualized+69.3%
Break-even resale$4,669/ac
Profit if resale lands off target
-20%
$32,475
-10%
$58,231
0%
$83,987
+10%
$109,742
+20%
$135,498
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-556091
Paved · Off grid
53.6Jun 20, 2026$273,6005,1035,6771.3 mi
83
MN-756485
Gravel · Full utilities
71.3Jul 27, 2026$402,0005,6375,4588.8 mi
80
MN-316083
Gravel · Off grid
53.3Sep 6, 2025$358,2006,7209,0993.2 mi
75
MN-554908
Landlocked · Power at road
22.8Dec 14, 2025$95,3004,1896,0581.8 mi
74
MN-995828
Dirt · Power at road
44.3Jan 7, 2025$342,2007,72310,23110.5 mi
73
MN-577223
Dirt · Off grid
121.7Jul 27, 2026$508,0004,1737,6754.5 mi
73
MN-185116
Paved · Power at road
26.4Mar 21, 2026$153,9005,8194,90212.2 mi
72
MN-814114
Dirt · Off grid
12.8Dec 12, 2024$51,4004,0125,2560.9 mi
69
MN-465146
Dirt · Power at road
27.0Jan 27, 2025$152,1005,6286,8379.1 mi
69
MN-245382
Gravel · Power at road
32.1Dec 12, 2024$247,1007,7058,31110.1 mi
68
Show adjustment detail for the top comp
  • Tract size (53.61 ac → 40.41 ac)+5.7%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (2 mo)+0.6%

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.