← New search
Koochiching County, MN · Sold

MN-772492

3367 County Road 164

$29,900
$7,570/ac · 3.95 ac
Acreage3.95 ac
Price per acre$7,570/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedDec 29, 2023
Coordinates48.2016, -93.8731
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

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands11.2% of tract

Little to no mapped wetland coverage.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

422 ft of deeded road frontage.

Power176 ft away

Power at or near the road.

Buildable area3.33 of 3.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$22,816
$16,745$28,887 · $5,776/ac on 3.95 ac
Asking vs estimate
+31.0%
Priced above the comp set

Weighted from 6 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 $29,900
Maximum allowable offer
$13,038
$3,301/ac · +30.0% target margin

You need $16,862 off asking to hit this margin.

All-in cost$14,146
Net resale$20,991
Projected profit$6,845
ROI+48.4%
Annualized+69.2%
Break-even resale$3,893/ac
Profit if resale lands off target
-20%
$2,646
-10%
$4,745
0%
$6,845
+10%
$8,944
+20%
$11,043
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-272504
Landlocked · Off grid
4.0May 24, 2026$10,3002,5825,3237.7 mi
82
MN-590857
Paved · Power at road
1.2Jul 20, 2026$8,3006,8896,7262.9 mi
80
MN-882843
Gravel · Power at road
5.1May 20, 2025$16,6003,2614,0928.0 mi
72
MN-481696
Dirt · Off grid
2.2Aug 21, 2025$6,0002,7254,5046.3 mi
68
MN-173310
Gravel · Power at road
7.2Oct 12, 2025$30,9004,3185,43010.8 mi
68
MN-554062
Landlocked · Off grid
12.3Feb 3, 2025$47,1003,8228,9128.1 mi
62
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Off grid → Power at road)+17.6%
  • 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.