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Fillmore County, MN · Sold

MN-938574

8408 County Road 148

$1,732,100
$5,348/ac · 324 ac
Acreage324 ac
Price per acre$5,348/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedJul 23, 2025
Coordinates43.6735, -92.1617
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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

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

View Fillmore market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands14.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,005 ft of deeded road frontage.

Power33 ft away

Power at or near the road.

Buildable area264.31 of 323.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,219,334
$1,042,521$1,396,146 · $3,765/ac on 324 ac
Asking vs estimate
+42.1%
Priced above the comp set

Weighted from 6 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 $1,732,100
Maximum allowable offer
$696,762
$2,151/ac · +30.0% target margin

You need $1,035,338 off asking to hit this margin.

All-in cost$755,987
Net resale$1,121,787
Projected profit$365,800
ROI+48.4%
Annualized+69.2%
Break-even resale$2,537/ac
Profit if resale lands off target
-20%
$141,443
-10%
$253,621
0%
$365,800
+10%
$477,979
+20%
$590,158
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-298891
Landlocked · Power at road
407.5Jul 27, 2026$845,8002,0753,8634.7 mi
84
MN-778866
Gravel · Power at road
400.2Jun 24, 2025$985,0002,4613,2401.2 mi
78
MN-427799
Dirt · Power at road
184.8Feb 5, 2026$508,0002,7503,2861.6 mi
76
MN-687806
Landlocked · Power at road
185.7Sep 10, 2024$510,8002,7514,4044.9 mi
67
MN-279271
Gravel · Power at road
536.6Nov 23, 2024$1,684,6003,1394,6198.1 mi
66
MN-837343
Paved · Full utilities
132.8May 26, 2024$625,2004,7093,2924.8 mi
63
Show adjustment detail for the top comp
  • Tract size (407.51 ac → 323.89 ac)+7.0%
  • Access (Landlocked → Paved)+73.5%

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.