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Itasca County, MN · Sold

MN-885782

4159 County Road 224

$86,100
$2,009/ac · 42.86 ac
Acreage42.86 ac
Price per acre$2,009/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedFeb 20, 2026
Coordinates47.4032, -93.6274
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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

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
41
Moderate risk
Wetlands10.9% of tract

Little to no mapped wetland coverage.

Average slope9.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area36.28 of 42.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$106,481
$90,678$122,283 · $2,484/ac on 42.86 ac
Asking vs estimate
-19.1%
Priced below the comp set

Weighted from 9 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 $86,100
Maximum allowable offer
$60,846
$1,420/ac · +30.0% target margin

You need $25,254 off asking to hit this margin.

All-in cost$66,018
Net resale$97,962
Projected profit$31,944
ROI+48.4%
Annualized+69.3%
Break-even resale$1,674/ac
Profit if resale lands off target
-20%
$12,352
-10%
$22,148
0%
$31,944
+10%
$41,741
+20%
$51,537
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-435617
Dirt · Off grid
38.0Sep 28, 2025$84,6002,2252,5627.2 mi
80
MN-336479
Dirt · Power at road
71.0Jun 12, 2026$167,3002,3572,5424.4 mi
76
MN-154932
Gravel · Off grid
23.1Jun 19, 2026$72,8003,1452,7936.6 mi
74
MN-355036
Paved · Off grid
25.0Jan 5, 2025$84,1003,3692,7193.4 mi
72
MN-145716
Gravel · Power at road
40.9Jan 19, 2024$91,1002,2312,0339.9 mi
69
MN-647073
Gravel · Full utilities
109.2Dec 6, 2025$254,9002,3352,01013.5 mi
68
MN-616396
Gravel · Power at road
66.9Aug 19, 2024$217,2003,2493,19913.0 mi
67
MN-564069
Landlocked · Power at road
12.4Mar 7, 2026$25,1002,0302,12110.0 mi
65
MN-426846
Paved · Power at road
92.6Dec 27, 2023$231,0002,4942,3006.2 mi
60
Show adjustment detail for the top comp
  • Tract size (38.03 ac → 42.86 ac)-2.2%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (11 mo)+3.7%

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.