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Lac qui Parle County, MN · Sold

MN-952764

1939 County Road 23

$40,400
$8,399/ac · 4.81 ac
Acreage4.81 ac
Price per acre$8,399/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedApr 15, 2026
Coordinates44.9448, -96.2618
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

3 items to verify before you offer.

Risk index
14
Low risk
Wetlands14.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

305 ft of deeded road frontage.

Power54 ft away

Power at or near the road.

Buildable area3.92 of 4.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$51,254
$39,751$62,756 · $10,656/ac on 4.81 ac
Asking vs estimate
-21.2%
Priced below the comp set

Weighted from 9 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 $40,400
Maximum allowable offer
$29,288
$6,089/ac · +30.0% target margin

You need $11,112 off asking to hit this margin.

All-in cost$31,777
Net resale$47,153
Projected profit$15,376
ROI+48.4%
Annualized+69.2%
Break-even resale$7,181/ac
Profit if resale lands off target
-20%
$5,945
-10%
$10,661
0%
$15,376
+10%
$20,091
+20%
$24,807
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-102220
Gravel · Off grid
3.3Jul 27, 2026$38,00011,70413,5992.9 mi
84
MN-723553
Landlocked · Off grid
8.5Feb 3, 2026$58,5006,85412,5222.9 mi
73
MN-121482
Landlocked · Power at road
1.9Apr 8, 2026$15,5008,17111,8595.4 mi
71
MN-443605
Landlocked · Power at road
8.8Jul 17, 2025$67,7007,64512,1744.6 mi
70
MN-943491
Gravel · Power at road
8.2Feb 17, 2024$65,8008,0699,1795.0 mi
68
MN-963212
Paved · Full utilities
6.7Nov 16, 2024$111,20016,69412,6557.4 mi
67
MN-143674
Landlocked · Full utilities
9.3Nov 17, 2025$52,2005,6027,2399.9 mi
66
MN-571801
Dirt · Off grid
2.4Oct 18, 2025$13,3005,5257,64311.9 mi
64
MN-521129
Dirt · Power at road
1.5Nov 23, 2025$9,7006,6037,6618.5 mi
63
Show adjustment detail for the top comp
  • Tract size (3.25 ac → 4.81 ac)-1.5%
  • Utilities (Off grid → Power at road)+17.6%

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.