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Itasca County, MN · Sold

MN-336479

7403 County Road 355

$197,800
$2,786/ac · 71.01 ac
Acreage71.01 ac
Price per acre$2,786/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedOct 28, 2025
Coordinates47.3814, -93.5380
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
44
Moderate risk
Wetlands49.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,921 ft of deeded road frontage.

Power90 ft away

Power at or near the road.

Buildable area34.00 of 71.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$183,747
$141,077$226,416 · $2,588/ac on 71.01 ac
Asking vs estimate
+7.6%
Priced above the comp set

Weighted from 10 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 $197,800
Maximum allowable offer
$104,998
$1,479/ac · +30.0% target margin

You need $92,802 off asking to hit this margin.

All-in cost$113,923
Net resale$169,047
Projected profit$55,124
ROI+48.4%
Annualized+69.2%
Break-even resale$1,744/ac
Profit if resale lands off target
-20%
$21,315
-10%
$38,219
0%
$55,124
+10%
$72,029
+20%
$88,933
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-885782
Landlocked · Full utilities
42.9Jun 14, 2026$91,1002,1251,9994.4 mi
76
MN-616396
Gravel · Power at road
66.9Aug 19, 2024$217,2003,2492,98713.8 mi
70
MN-435617
Dirt · Off grid
38.0Sep 28, 2025$84,6002,2252,3928.5 mi
69
MN-907732
Gravel · Power at road
176.0Jul 27, 2026$565,7003,2143,48016.3 mi
68
MN-426846
Paved · Power at road
92.6Dec 27, 2023$231,0002,4942,1487.7 mi
68
MN-647073
Gravel · Full utilities
109.2Dec 6, 2025$254,9002,3351,87714.6 mi
67
MN-558042
Landlocked · Off grid
220.3Jul 27, 2026$243,0001,1032,1998.8 mi
67
MN-154932
Gravel · Off grid
23.1Jun 19, 2026$72,8003,1452,60811.0 mi
65
MN-355036
Paved · Off grid
25.0Jan 5, 2025$84,1003,3692,5391.1 mi
63
MN-367932
Landlocked · Full utilities
203.4Apr 2, 2026$562,6002,7663,80714.8 mi
62
Show adjustment detail for the top comp
  • Tract size (42.86 ac → 71.01 ac)-9.9%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Full utilities → Power at road)-18.0%
  • 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.