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Itasca County, MN · Sold

MN-111302

5227 County Road 290

$9,800
$5,868/ac · 1.67 ac
Acreage1.67 ac
Price per acre$5,868/ac
ZoningRecreational
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedFeb 12, 2024
Coordinates47.4959, -93.7405
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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands3.9% 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

158 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.52 of 1.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,134
$7,297$12,972 · $6,068/ac on 1.67 ac
Asking vs estimate
-3.3%
In line with 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 $9,800
Maximum allowable offer
$5,791
$3,468/ac · +30.0% target margin

You need $4,009 off asking to hit this margin.

All-in cost$6,283
Net resale$9,323
Projected profit$3,040
ROI+48.4%
Annualized+69.2%
Break-even resale$4,090/ac
Profit if resale lands off target
-20%
$1,175
-10%
$2,108
0%
$3,040
+10%
$3,972
+20%
$4,905
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-211448
Landlocked · Power at road
1.9Jun 23, 2026$7,3003,9378,4015.6 mi
83
MN-622058
Dirt · Power at road
2.9Jul 27, 2026$12,0004,1697,0806.3 mi
76
MN-670265
Landlocked · Full utilities
0.8May 28, 2026$1,8002,2443,8943.5 mi
75
MN-601532
Dirt · Off grid
2.0Jun 30, 2025$5,0002,5425,25914.5 mi
74
MN-290856
Gravel · Power at road
1.2Dec 17, 2025$2,9002,3773,5017.9 mi
73
MN-191892
Gravel · Off grid
2.6Mar 24, 2026$8,0003,1365,44712.8 mi
71
MN-462465
Dirt · Full utilities
3.9Feb 7, 2026$14,4003,7235,3339.0 mi
68
MN-221928
Landlocked · Power at road
2.6Aug 22, 2024$8,9003,3847,83510.4 mi
67
MN-640723
Dirt · Power at road
1.1Mar 10, 2025$4,9004,4617,87112.3 mi
64
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (2 mo)+0.6%

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.