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Itasca County, MN · Sold

MN-299323

4073 County Road 58

$850,800
$1,527/ac · 557 ac
Acreage557 ac
Price per acre$1,527/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMar 31, 2024
Coordinates47.3956, -93.5534
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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

4 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands29.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

4,230 ft of deeded road frontage.

Power10,526 ft away

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

Buildable area375.34 of 557.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$820,494
$671,945$969,044 · $1,472/ac on 557 ac
Asking vs estimate
+3.7%
In line with the comp set

Weighted from 5 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 $850,800
Maximum allowable offer
$468,854
$841/ac · +30.0% target margin

You need $381,946 off asking to hit this margin.

All-in cost$508,707
Net resale$754,855
Projected profit$246,148
ROI+48.4%
Annualized+69.2%
Break-even resale$992/ac
Profit if resale lands off target
-20%
$95,177
-10%
$170,662
0%
$246,148
+10%
$321,633
+20%
$397,119
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-289182
Gravel · Full utilities
503.1Jun 8, 2026$1,274,8002,5341,4839.4 mi
80
MN-558042
Landlocked · Off grid
220.3Jul 27, 2026$243,0001,1031,0647.8 mi
72
MN-628641
Dirt · Off grid
340.0Aug 4, 2024$489,1001,4391,34711.0 mi
66
MN-907732
Gravel · Power at road
176.0Jul 27, 2026$565,7003,2141,68415.1 mi
64
MN-367932
Landlocked · Full utilities
203.4Apr 2, 2026$562,6002,7661,84213.6 mi
63
Show adjustment detail for the top comp
  • Tract size (503.14 ac → 557.25 ac)-3.0%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (2 mo)+0.8%

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.