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Itasca County, MN · Sold

MN-426846

1305 County Road 119

$264,900
$2,860/ac · 92.63 ac
Acreage92.63 ac
Price per acre$2,860/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedDec 5, 2023
Coordinates47.4882, -93.5866
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
13
Low risk
Wetlands13.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,075 ft of deeded road frontage.

Power11 ft away

Power at or near the road.

Buildable area76.38 of 92.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$305,218
$226,063$384,373 · $3,295/ac on 92.63 ac
Asking vs estimate
-13.2%
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 $264,900
Maximum allowable offer
$174,410
$1,883/ac · +30.0% target margin

You need $90,490 off asking to hit this margin.

All-in cost$189,235
Net resale$280,801
Projected profit$91,566
ROI+48.4%
Annualized+69.3%
Break-even resale$2,221/ac
Profit if resale lands off target
-20%
$35,406
-10%
$63,486
0%
$91,566
+10%
$119,646
+20%
$147,726
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-336479
Dirt · Power at road
71.0Jun 12, 2026$167,3002,3573,0617.7 mi
80
MN-647073
Gravel · Full utilities
109.2Dec 6, 2025$254,9002,3352,4207.3 mi
76
MN-907732
Gravel · Power at road
176.0Jul 27, 2026$565,7003,2144,4888.6 mi
75
MN-558042
Landlocked · Off grid
220.3Jul 27, 2026$243,0001,1032,8362.4 mi
74
MN-885782
Landlocked · Full utilities
42.9Jun 14, 2026$91,1002,1252,5776.2 mi
72
MN-367932
Landlocked · Full utilities
203.4Apr 2, 2026$562,6002,7664,9097.3 mi
70
MN-616396
Gravel · Power at road
66.9Aug 19, 2024$217,2003,2493,8526.8 mi
69
MN-435617
Dirt · Off grid
38.0Sep 28, 2025$84,6002,2253,0851.0 mi
68
MN-145716
Gravel · Power at road
40.9Jan 19, 2024$91,1002,2312,4476.6 mi
65
Show adjustment detail for the top comp
  • Tract size (71.01 ac → 92.63 ac)-6.0%
  • Access (Dirt → Paved)+37.2%
  • Market time (2 mo)+0.7%

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.