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Koochiching County, MN · Sold

MN-110609

4371 County Road 309

$4,400
$4,356/ac · 1.01 ac
Acreage1.01 ac
Price per acre$4,356/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedFeb 4, 2025
Coordinates48.2385, -93.8714
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

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands7.1% of tract

Little to no mapped wetland coverage.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

131 ft of deeded road frontage.

Power11,044 ft away

A long utility run — price in solar/off-grid instead.

Buildable area0.89 of 1.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,250
$3,292$5,209 · $4,208/ac on 1.01 ac
Asking vs estimate
+3.5%
In line with the comp set

Weighted from 5 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 $4,400
Maximum allowable offer
$2,429
$2,405/ac · +30.0% target margin

You need $1,971 off asking to hit this margin.

All-in cost$2,635
Net resale$3,910
Projected profit$1,275
ROI+48.4%
Annualized+69.2%
Break-even resale$2,836/ac
Profit if resale lands off target
-20%
$493
-10%
$884
0%
$1,275
+10%
$1,666
+20%
$2,057
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-590857
Paved · Power at road
1.2Jul 20, 2026$8,3006,8894,9880.3 mi
86
MN-272504
Landlocked · Off grid
4.0May 24, 2026$10,3002,5823,9475.4 mi
73
MN-481696
Dirt · Off grid
2.2Aug 21, 2025$6,0002,7253,3403.8 mi
69
MN-882843
Gravel · Power at road
5.1May 20, 2025$16,6003,2613,0345.6 mi
60
MN-772492
Paved · Power at road
4.0Jun 30, 2024$27,6006,9945,6502.6 mi
57
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%

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.