← New search
Itasca County, MN · Sold

MN-290856

5356 County Road 213

$3,400
$2,810/ac · 1.21 ac
Acreage1.21 ac
Price per acre$2,810/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedNov 22, 2024
Coordinates47.4213, -93.6132
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

3 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands39.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

257 ft of deeded road frontage.

Power117 ft away

Power at or near the road.

Buildable area0.69 of 1.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,429
$4,194$6,663 · $4,486/ac on 1.21 ac
Asking vs estimate
-37.4%
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 $3,400
Maximum allowable offer
$3,102
$2,564/ac · +30.0% target margin

You need $298 off asking to hit this margin.

All-in cost$3,366
Net resale$4,994
Projected profit$1,629
ROI+48.4%
Annualized+69.3%
Break-even resale$3,023/ac
Profit if resale lands off target
-20%
$630
-10%
$1,129
0%
$1,629
+10%
$2,128
+20%
$2,628
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-670265
Landlocked · Full utilities
0.8May 28, 2026$1,8002,2442,71810.8 mi
78
MN-211448
Landlocked · Power at road
1.9Jun 23, 2026$7,3003,9375,8637.7 mi
78
MN-640723
Dirt · Power at road
1.1Mar 10, 2025$4,9004,4615,4934.4 mi
77
MN-622058
Dirt · Power at road
2.9Jul 27, 2026$12,0004,1694,9418.4 mi
72
MN-191892
Gravel · Off grid
2.6Mar 24, 2026$8,0003,1363,8029.0 mi
71
MN-111302
Paved · Full utilities
1.7Aug 28, 2024$10,2006,1154,6207.9 mi
66
MN-601532
Dirt · Off grid
2.0Jun 30, 2025$5,0002,5423,67014.0 mi
65
MN-462465
Dirt · Full utilities
3.9Feb 7, 2026$14,4003,7233,7229.1 mi
63
MN-221928
Landlocked · Power at road
2.6Aug 22, 2024$8,9003,3845,4687.3 mi
62
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (3 mo)+0.9%

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.