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Lac qui Parle County, MN · Sold

MN-914940

9509 County Road 377

$159,300
$6,840/ac · 23.29 ac
Acreage23.29 ac
Price per acre$6,840/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedJun 21, 2024
Coordinates45.0250, -96.1982
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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
14
Low risk
Wetlands13.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

871 ft of deeded road frontage.

Power15 ft away

Power at or near the road.

Buildable area19.05 of 23.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$218,282
$167,364$269,199 · $9,372/ac on 23.29 ac
Asking vs estimate
-27.0%
Priced below the comp set

Weighted from 10 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 $159,300
Maximum allowable offer
$124,732
$5,356/ac · +30.0% target margin

You need $34,568 off asking to hit this margin.

All-in cost$135,334
Net resale$200,819
Projected profit$65,485
ROI+48.4%
Annualized+69.3%
Break-even resale$6,316/ac
Profit if resale lands off target
-20%
$25,321
-10%
$45,403
0%
$65,485
+10%
$85,567
+20%
$105,649
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-165180
Gravel · Full utilities
27.7Sep 25, 2025$211,1007,6196,6462.1 mi
85
MN-105786
Gravel · Off grid
43.0Oct 26, 2025$309,1007,1929,6734.3 mi
73
MN-656417
Gravel · Power at road
67.9Apr 13, 2026$532,5007,8439,6644.1 mi
73
MN-723553
Landlocked · Off grid
8.5Feb 3, 2026$58,5006,85410,9273.5 mi
72
MN-406561
Dirt · Power at road
75.3Jul 27, 2026$484,1006,4259,3125.9 mi
71
MN-143674
Landlocked · Full utilities
9.3Nov 17, 2025$52,2005,6026,3174.5 mi
66
MN-443605
Landlocked · Power at road
8.8Jul 17, 2025$67,7007,64510,6236.7 mi
65
MN-965545
Dirt · Off grid
36.1Nov 18, 2023$318,4008,82314,4215.9 mi
64
MN-943491
Gravel · Power at road
8.2Feb 17, 2024$65,8008,0698,0103.3 mi
63
MN-946371
Paved · Full utilities
65.7Jul 6, 2025$657,30010,0118,7775.9 mi
62
Show adjustment detail for the top comp
  • Tract size (27.71 ac → 23.29 ac)+2.6%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (11 mo)+3.7%

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.