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Itasca County, MN · Sold

MN-633955

7072 County Road 37

$52,000
$4,557/ac · 11.41 ac
Acreage11.41 ac
Price per acre$4,557/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedMar 16, 2024
Coordinates47.5404, -93.5718
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

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

View Itasca market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope11.7%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

396 ft of deeded road frontage.

Power7,824 ft away

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

Buildable area9.71 of 11.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$37,169
$32,231$42,108 · $3,258/ac on 11.41 ac
Asking vs estimate
+39.9%
Priced above the comp set

Weighted from 7 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 $52,000
Maximum allowable offer
$21,240
$1,861/ac · +30.0% target margin

You need $30,760 off asking to hit this margin.

All-in cost$23,045
Net resale$34,196
Projected profit$11,150
ROI+48.4%
Annualized+69.2%
Break-even resale$2,195/ac
Profit if resale lands off target
-20%
$4,311
-10%
$7,731
0%
$11,150
+10%
$14,570
+20%
$17,990
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-564069
Landlocked · Power at road
12.4Mar 7, 2026$25,1002,0302,6040.2 mi
84
MN-154932
Gravel · Off grid
23.1Jun 19, 2026$72,8003,1453,42810.0 mi
79
MN-263845
Paved · Power at road
10.5Jul 24, 2025$48,5004,6043,4419.5 mi
78
MN-462465
Dirt · Full utilities
3.9Feb 7, 2026$14,4003,7232,8900.7 mi
70
MN-633542
Dirt · Off grid
8.5Nov 1, 2024$28,1003,3184,0517.5 mi
70
MN-435617
Dirt · Off grid
38.0Sep 28, 2025$84,6002,2253,1452.7 mi
66
MN-355036
Paved · Off grid
25.0Jan 5, 2025$84,1003,3693,33810.4 mi
62
Show adjustment detail for the top comp
  • Tract size (12.39 ac → 11.41 ac)+0.8%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (5 mo)+1.9%

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.