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Lac qui Parle County, MN · Sold

MN-689726

1762 County Road 363

$4,476,800
$6,000/ac · 746 ac
Acreage746 ac
Price per acre$6,000/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedSep 1, 2024
Coordinates44.9314, -96.2726
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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
23
Low risk
Wetlands21.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

4,874 ft of deeded road frontage.

Power58 ft away

Power at or near the road.

Buildable area558.58 of 746.17 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,586,936
$3,114,120$4,059,751 · $4,807/ac on 746 ac
Asking vs estimate
+24.8%
Priced above 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 $4,476,800
Maximum allowable offer
$2,049,678
$2,747/ac · +30.0% target margin

You need $2,427,122 off asking to hit this margin.

All-in cost$2,223,901
Net resale$3,299,981
Projected profit$1,076,080
ROI+48.4%
Annualized+69.2%
Break-even resale$3,240/ac
Profit if resale lands off target
-20%
$416,084
-10%
$746,082
0%
$1,076,080
+10%
$1,406,078
+20%
$1,736,076
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-819859
Gravel · Off grid
821.6Apr 9, 2025$2,399,7002,9214,4144.1 mi
76
MN-769169
Dirt · Off grid
498.4Mar 5, 2026$1,381,7002,7724,0316.8 mi
74
MN-468012
Dirt · Off grid
215.6Jan 21, 2026$1,030,2004,7795,46511.1 mi
65
MN-487871
Gravel · Off grid
194.6Jul 24, 2025$1,195,7006,1435,99110.9 mi
61
MN-656417
Gravel · Power at road
67.9Apr 13, 2026$532,5007,8434,8395.0 mi
61
MN-406561
Dirt · Power at road
75.3Jul 27, 2026$484,1006,4254,66311.3 mi
60
MN-946371
Paved · Full utilities
65.7Jul 6, 2025$657,30010,0114,39512.2 mi
52
Show adjustment detail for the top comp
  • Tract size (821.64 ac → 746.17 ac)+3.0%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (16 mo)+5.7%

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.