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Lake County, MN · Sold

MN-825445

3217 County Road 358

$159,500
$4,751/ac · 33.57 ac
Acreage33.57 ac
Price per acre$4,751/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedMar 14, 2025
Coordinates47.4924, -91.3053
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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

Lake County, Minnesota. Lake country cabin lots north, prime tillable ground south.

View Lake market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands19.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

658 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area25.80 of 33.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$167,716
$138,555$196,877 · $4,996/ac on 33.57 ac
Asking vs estimate
-4.9%
In line with 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 $159,500
Maximum allowable offer
$95,838
$2,855/ac · +30.0% target margin

You need $63,662 off asking to hit this margin.

All-in cost$103,984
Net resale$154,299
Projected profit$50,314
ROI+48.4%
Annualized+69.2%
Break-even resale$3,367/ac
Profit if resale lands off target
-20%
$19,455
-10%
$34,885
0%
$50,314
+10%
$65,744
+20%
$81,174
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-536062
Dirt · Full utilities
52.5Jul 27, 2026$277,9005,2955,7688.5 mi
81
MN-306506
Dirt · Power at road
72.4Oct 21, 2024$300,0004,1436,3375.6 mi
70
MN-746003
Gravel · Off grid
50.3Mar 21, 2025$185,3003,6845,1896.9 mi
68
MN-145700
Gravel · Power at road
40.4Sep 25, 2024$177,2004,3885,13410.5 mi
68
MN-513781
Dirt · Full utilities
10.1Apr 22, 2025$46,8004,6504,2337.4 mi
63
MN-406893
Landlocked · Off grid
95.8Sep 14, 2025$160,8001,6773,9356.0 mi
63
MN-506904
Gravel · Power at road
96.6Aug 5, 2025$276,1002,8583,90013.6 mi
58
Show adjustment detail for the top comp
  • Tract size (52.49 ac → 33.57 ac)+8.7%

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.