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Lac qui Parle County, MN · Sold

MN-656417

2124 County Road 248

$551,200
$8,119/ac · 67.89 ac
Acreage67.89 ac
Price per acre$8,119/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJul 17, 2025
Coordinates44.9663, -96.1829
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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

Lac qui Parle County, Minnesota. Lake country cabin lots north, prime tillable ground south.

View Lac qui Parle market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

754 ft of deeded road frontage.

Power10 ft away

Power at or near the road.

Buildable area54.31 of 67.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$549,600
$425,484$673,716 · $8,095/ac on 67.89 ac
Asking vs estimate
+0.3%
In line with the comp set

Weighted from 8 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 $551,200
Maximum allowable offer
$314,057
$4,626/ac · +30.0% target margin

You need $237,143 off asking to hit this margin.

All-in cost$340,752
Net resale$505,632
Projected profit$164,880
ROI+48.4%
Annualized+69.2%
Break-even resale$5,456/ac
Profit if resale lands off target
-20%
$63,754
-10%
$114,317
0%
$164,880
+10%
$215,443
+20%
$266,006
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-406561
Dirt · Power at road
75.3Jul 27, 2026$484,1006,4257,6666.3 mi
90
MN-946371
Paved · Full utilities
65.7Jul 6, 2025$657,30010,0117,2257.3 mi
76
MN-105786
Gravel · Off grid
43.0Oct 26, 2025$309,1007,1927,9637.1 mi
73
MN-165180
Gravel · Full utilities
27.7Sep 25, 2025$211,1007,6195,4714.5 mi
68
MN-914940
Gravel · Power at road
23.3Jan 8, 2025$169,3007,2716,3884.1 mi
65
MN-468012
Dirt · Off grid
215.6Jan 21, 2026$1,030,2004,7798,9837.0 mi
64
MN-965545
Dirt · Off grid
36.1Nov 18, 2023$318,4008,82311,8712.7 mi
63
MN-487871
Gravel · Off grid
194.6Jul 24, 2025$1,195,7006,1439,8489.5 mi
62
Show adjustment detail for the top comp
  • Tract size (75.35 ac → 67.89 ac)+2.4%
  • Access (Dirt → Gravel)+16.3%

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.