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Koochiching County, MN · Sold

MN-272504

1689 County Road 93

$10,500
$2,632/ac · 3.99 ac
Acreage3.99 ac
Price per acre$2,632/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedNov 16, 2025
Coordinates48.3063, -93.9284
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
36
Moderate risk
Wetlands5.5% of tract

Little to no mapped wetland coverage.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power4,016 ft away

Service extension needed; get a utility quote.

Buildable area3.58 of 3.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,928
$8,640$15,216 · $2,989/ac on 3.99 ac
Asking vs estimate
-12.0%
Priced below 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 $10,500
Maximum allowable offer
$6,816
$1,708/ac · +30.0% target margin

You need $3,684 off asking to hit this margin.

All-in cost$7,395
Net resale$10,974
Projected profit$3,578
ROI+48.4%
Annualized+69.2%
Break-even resale$2,015/ac
Profit if resale lands off target
-20%
$1,384
-10%
$2,481
0%
$3,578
+10%
$4,676
+20%
$5,773
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-882843
Gravel · Power at road
5.1May 20, 2025$16,6003,2612,0040.5 mi
76
MN-481696
Dirt · Off grid
2.2Aug 21, 2025$6,0002,7252,2062.3 mi
72
MN-772492
Paved · Power at road
4.0Jun 30, 2024$27,6006,9943,7317.7 mi
72
MN-590857
Paved · Power at road
1.2Jul 20, 2026$8,3006,8893,2935.2 mi
69
MN-173310
Gravel · Power at road
7.2Oct 12, 2025$30,9004,3182,65915.8 mi
68
MN-554062
Landlocked · Off grid
12.3Feb 3, 2025$47,1003,8224,36415.3 mi
58
Show adjustment detail for the top comp
  • Tract size (5.1 ac → 3.99 ac)+1.0%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (15 mo)+5.2%

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.