← New search
Koochiching County, MN · Sold

MN-355664

5637 County Road 393

$134,400
$3,416/ac · 39.34 ac
Acreage39.34 ac
Price per acre$3,416/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedApr 14, 2024
Coordinates48.3266, -93.7183
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

Koochiching County, Minnesota. Lake country cabin lots north, prime tillable ground south.

View Koochiching market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

772 ft of deeded road frontage.

Power24 ft away

Power at or near the road.

Buildable area35.58 of 39.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$139,844
$115,281$164,408 · $3,555/ac on 39.34 ac
Asking vs estimate
-3.9%
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 $134,400
Maximum allowable offer
$79,911
$2,031/ac · +30.0% target margin

You need $54,489 off asking to hit this margin.

All-in cost$86,703
Net resale$128,657
Projected profit$41,953
ROI+48.4%
Annualized+69.3%
Break-even resale$2,396/ac
Profit if resale lands off target
-20%
$16,222
-10%
$29,088
0%
$41,953
+10%
$54,819
+20%
$67,685
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-795613
Dirt · Power at road
37.9May 18, 2026$115,8003,0533,0649.2 mi
90
MN-826033
Paved · Off grid
51.4Jul 27, 2026$233,9004,5504,1160.5 mi
89
MN-115170
Landlocked · Full utilities
27.5Jul 15, 2026$109,1003,9663,8863.9 mi
84
MN-915734
Dirt · Off grid
41.4Sep 7, 2024$100,4002,4263,1159.2 mi
78
MN-784727
Landlocked · Full utilities
20.0Jul 27, 2026$68,0003,4053,1855.7 mi
74
MN-484973
Dirt · Full utilities
23.9Sep 27, 2025$104,6004,3873,4393.7 mi
74
MN-657247
Dirt · Off grid
123.8Aug 9, 2025$268,0002,1643,4257.9 mi
63
MN-307207
Paved · Off grid
120.3Feb 12, 2025$289,6002,4072,81110.3 mi
57
MN-554062
Landlocked · Off grid
12.3Feb 3, 2025$47,1003,8225,16814.0 mi
54
Show adjustment detail for the top comp
  • Tract size (37.92 ac → 39.34 ac)-0.7%
  • Market time (3 mo)+1.0%

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.