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Lac qui Parle County, MN · Sold

MN-819859

4519 County Road 16

$2,860,200
$3,481/ac · 822 ac
Acreage822 ac
Price per acre$3,481/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedFeb 28, 2025
Coordinates44.9331, -96.1886
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

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands22.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

7,274 ft of deeded road frontage.

Power2,224 ft away

Service extension needed; get a utility quote.

Buildable area607.27 of 821.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,957,203
$2,533,668$3,380,738 · $3,599/ac on 822 ac
Asking vs estimate
-3.3%
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 $2,860,200
Maximum allowable offer
$1,689,830
$2,057/ac · +30.0% target margin

You need $1,170,370 off asking to hit this margin.

All-in cost$1,833,466
Net resale$2,720,627
Projected profit$887,161
ROI+48.4%
Annualized+69.2%
Break-even resale$2,426/ac
Profit if resale lands off target
-20%
$343,036
-10%
$615,099
0%
$887,161
+10%
$1,159,224
+20%
$1,431,287
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-769169
Dirt · Off grid
498.4Mar 5, 2026$1,381,7002,7722,8194.8 mi
76
MN-689726
Paved · Power at road
746.2Feb 22, 2025$4,011,2005,3763,9924.1 mi
75
MN-468012
Dirt · Off grid
215.6Jan 21, 2026$1,030,2004,7793,8219.3 mi
63
MN-487871
Gravel · Off grid
194.6Jul 24, 2025$1,195,7006,1434,18911.5 mi
61
MN-406561
Dirt · Power at road
75.3Jul 27, 2026$484,1006,4253,2618.1 mi
60
Show adjustment detail for the top comp
  • Tract size (498.42 ac → 821.64 ac)-14.2%
  • Access (Dirt → Gravel)+16.3%
  • Market time (5 mo)+1.9%

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.