← New search
Koochiching County, MN · Sold

MN-449019

6872 County Road 123

$727,800
$1,628/ac · 447 ac
Acreage447 ac
Price per acre$1,628/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedAug 16, 2025
Coordinates48.1411, -93.9213
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

5 items to verify before you offer.

Risk index
43
Moderate risk
Wetlands17.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power3,512 ft away

Service extension needed; get a utility quote.

Buildable area350.41 of 447.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$530,906
$480,406$581,407 · $1,187/ac on 447 ac
Asking vs estimate
+37.1%
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 $727,800
Maximum allowable offer
$303,375
$679/ac · +30.0% target margin

You need $424,425 off asking to hit this margin.

All-in cost$329,162
Net resale$488,434
Projected profit$159,272
ROI+48.4%
Annualized+69.2%
Break-even resale$800/ac
Profit if resale lands off target
-20%
$61,585
-10%
$110,428
0%
$159,272
+10%
$208,115
+20%
$256,959
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-209704
Dirt · Full utilities
734.4May 21, 2026$1,324,2001,8031,1673.7 mi
76
MN-188569
Gravel · Off grid
322.7Oct 20, 2025$639,9001,9831,26612.5 mi
72
MN-628557
Dirt · Off grid
319.9Apr 18, 2024$436,4001,3641,0724.3 mi
69
MN-617889
Dirt · Off grid
197.2May 11, 2024$391,6001,9861,3567.3 mi
65
MN-657247
Dirt · Off grid
123.8Aug 9, 2025$268,0002,1641,24212.4 mi
63
MN-307207
Paved · Off grid
120.3Feb 12, 2025$289,6002,4071,0198.2 mi
62
Show adjustment detail for the top comp
  • Tract size (734.37 ac → 447.1 ac)+16.3%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Off grid)-30.3%
  • 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.