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Itasca County, MN · Sold

MN-907732

274 County Road 118

$536,700
$3,050/ac · 176 ac
Acreage176 ac
Price per acre$3,050/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedJul 9, 2026
Coordinates47.6036, -93.6548
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

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope17.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,272 ft of deeded road frontage.

Power24 ft away

Power at or near the road.

Buildable area135.30 of 175.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$447,697
$343,273$552,121 · $2,544/ac on 176 ac
Asking vs estimate
+19.9%
Priced above 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 $536,700
Maximum allowable offer
$255,827
$1,454/ac · +30.0% target margin

You need $280,873 off asking to hit this margin.

All-in cost$277,572
Net resale$411,881
Projected profit$134,309
ROI+48.4%
Annualized+69.2%
Break-even resale$1,714/ac
Profit if resale lands off target
-20%
$51,933
-10%
$93,121
0%
$134,309
+10%
$175,497
+20%
$216,685
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-367932
Landlocked · Full utilities
203.4Apr 2, 2026$562,6002,7663,5242.4 mi
82
MN-558042
Landlocked · Off grid
220.3Jul 27, 2026$243,0001,1032,0368.4 mi
80
MN-647073
Gravel · Full utilities
109.2Dec 6, 2025$254,9002,3351,7374.6 mi
75
MN-289182
Gravel · Full utilities
503.1Jun 8, 2026$1,274,8002,5342,8388.9 mi
69
MN-336479
Dirt · Power at road
71.0Jun 12, 2026$167,3002,3572,19816.3 mi
67
MN-616396
Gravel · Power at road
66.9Aug 19, 2024$217,2003,2492,7655.6 mi
64
MN-426846
Paved · Power at road
92.6Dec 27, 2023$231,0002,4941,9888.6 mi
61
MN-628641
Dirt · Off grid
340.0Aug 4, 2024$489,1001,4392,5767.7 mi
61
MN-299323
Dirt · Off grid
557.3Feb 24, 2025$907,8001,6293,30915.1 mi
54
Show adjustment detail for the top comp
  • Tract size (203.43 ac → 175.99 ac)+4.1%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (4 mo)+1.6%

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.