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Lac qui Parle County, MN · Sold

MN-769169

1859 County Road 329

$1,656,700
$3,324/ac · 498 ac
Acreage498 ac
Price per acre$3,324/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedMar 22, 2025
Coordinates45.0020, -96.1751
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

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

2 items to verify before you offer.

Risk index
13
Low risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,596 ft away

Service extension needed; get a utility quote.

Buildable area466.40 of 498.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,775,423
$1,567,701$1,983,146 · $3,562/ac on 498 ac
Asking vs estimate
-6.7%
Priced below the comp set

Weighted from 7 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 $1,656,700
Maximum allowable offer
$1,014,528
$2,035/ac · +30.0% target margin

You need $642,172 off asking to hit this margin.

All-in cost$1,100,763
Net resale$1,633,390
Projected profit$532,627
ROI+48.4%
Annualized+69.2%
Break-even resale$2,401/ac
Profit if resale lands off target
-20%
$205,949
-10%
$369,288
0%
$532,627
+10%
$695,966
+20%
$859,305
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-468012
Dirt · Off grid
215.6Jan 21, 2026$1,030,2004,7793,8294.6 mi
74
MN-819859
Gravel · Off grid
821.6Apr 9, 2025$2,399,7002,9213,0924.8 mi
70
MN-689726
Paved · Power at road
746.2Feb 22, 2025$4,011,2005,3764,0006.8 mi
68
MN-406561
Dirt · Power at road
75.3Jul 27, 2026$484,1006,4253,2674.9 mi
67
MN-487871
Gravel · Off grid
194.6Jul 24, 2025$1,195,7006,1434,1977.6 mi
64
MN-656417
Gravel · Power at road
67.9Apr 13, 2026$532,5007,8433,3902.5 mi
63
MN-946371
Paved · Full utilities
65.7Jul 6, 2025$657,30010,0113,0795.4 mi
55
Show adjustment detail for the top comp
  • Tract size (215.57 ac → 498.42 ac)-21.7%
  • Market time (7 mo)+2.4%

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.