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Hubbard County, MN · Sold

MN-286026

5870 County Road 378

$199,000
$3,891/ac · 51.14 ac
Acreage51.14 ac
Price per acre$3,891/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedMar 29, 2024
Coordinates47.0557, -94.8810
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

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

View Hubbard market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
51
Moderate risk
Wetlands43.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.2%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power218 ft away

Power at or near the road.

Buildable area27.55 of 51.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$254,584
$203,640$305,528 · $4,978/ac on 51.14 ac
Asking vs estimate
-21.8%
Priced below 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 $199,000
Maximum allowable offer
$145,477
$2,845/ac · +30.0% target margin

You need $53,523 off asking to hit this margin.

All-in cost$157,843
Net resale$234,217
Projected profit$76,375
ROI+48.4%
Annualized+69.2%
Break-even resale$3,355/ac
Profit if resale lands off target
-20%
$29,531
-10%
$52,953
0%
$76,375
+10%
$99,797
+20%
$123,218
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-117059
Landlocked · Off grid
108.1Jul 27, 2026$260,5002,4104,2601.1 mi
77
MN-734958
Gravel · Off grid
23.6Jul 27, 2026$130,7005,5414,9204.8 mi
74
MN-527359
Paved · Power at road
134.3Mar 22, 2026$498,9003,7153,4506.9 mi
73
MN-246589
Paved · Off grid
76.9Jun 30, 2024$431,0005,6055,7181.4 mi
73
MN-246173
Dirt · Full utilities
56.9Jan 8, 2025$417,4007,3376,56110.3 mi
73
MN-107523
Dirt · Off grid
151.3Jul 31, 2025$476,6003,1515,0041.8 mi
67
Show adjustment detail for the top comp
  • Tract size (108.08 ac → 51.14 ac)+18.5%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Power at road)+17.6%

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.