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Itasca County, MN · Sold

MN-628641

7762 County Road 178

$499,100
$1,468/ac · 340 ac
Acreage340 ac
Price per acre$1,468/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedJun 28, 2024
Coordinates47.5519, -93.5093
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

1 item to verify before you offer.

Risk index
17
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,322 ft of deeded road frontage.

Power10,204 ft away

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

Buildable area308.79 of 340.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$571,648
$436,314$706,982 · $1,681/ac on 340 ac
Asking vs estimate
-12.7%
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 $499,100
Maximum allowable offer
$326,656
$961/ac · +30.0% target margin

You need $172,444 off asking to hit this margin.

All-in cost$354,422
Net resale$525,916
Projected profit$171,494
ROI+48.4%
Annualized+69.2%
Break-even resale$1,133/ac
Profit if resale lands off target
-20%
$66,311
-10%
$118,903
0%
$171,494
+10%
$224,086
+20%
$276,678
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-558042
Landlocked · Off grid
220.3Jul 27, 2026$243,0001,1031,2343.4 mi
82
MN-289182
Gravel · Full utilities
503.1Jun 8, 2026$1,274,8002,5341,7201.7 mi
80
MN-907732
Gravel · Power at road
176.0Jul 27, 2026$565,7003,2141,9527.7 mi
73
MN-367932
Landlocked · Full utilities
203.4Apr 2, 2026$562,6002,7662,1368.0 mi
72
MN-299323
Dirt · Off grid
557.3Feb 24, 2025$907,8001,6292,00511.0 mi
68
MN-647073
Gravel · Full utilities
109.2Dec 6, 2025$254,9002,3351,0533.6 mi
66
Show adjustment detail for the top comp
  • Tract size (220.31 ac → 340 ac)-11.8%
  • Access (Landlocked → Dirt)+26.5%

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.