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Lake County, MN · Sold

MN-191484

3847 County Road 227

$9,700
$5,105/ac · 1.90 ac
Acreage1.90 ac
Price per acre$5,105/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedMay 31, 2026
Coordinates47.4296, -91.3805
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

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
Wetlands10.9% of tract

Little to no mapped wetland coverage.

Average slope12.4%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

181 ft of deeded road frontage.

Power104 ft away

Power at or near the road.

Buildable area1.35 of 1.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,519
$8,976$12,062 · $5,536/ac on 1.90 ac
Asking vs estimate
-7.8%
Priced below the comp set

Weighted from 8 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 $9,700
Maximum allowable offer
$6,011
$3,164/ac · +30.0% target margin

You need $3,689 off asking to hit this margin.

All-in cost$6,522
Net resale$9,677
Projected profit$3,155
ROI+48.4%
Annualized+69.2%
Break-even resale$3,731/ac
Profit if resale lands off target
-20%
$1,220
-10%
$2,188
0%
$3,155
+10%
$4,123
+20%
$5,091
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-751526
Dirt · Full utilities
2.0Jan 25, 2025$12,5006,3545,5511.2 mi
80
MN-200874
Paved · Off grid
1.2Jun 9, 2025$7,7006,3145,6445.4 mi
74
MN-730845
Dirt · Power at road
1.2Feb 5, 2025$5,6004,6294,8915.9 mi
72
MN-742671
Dirt · Off grid
4.5Oct 9, 2025$18,4004,0995,1212.3 mi
71
MN-450355
Dirt · Off grid
0.8Oct 30, 2025$3,3003,9284,7239.3 mi
67
MN-790496
Paved · Off grid
0.9Oct 21, 2025$5,0005,4184,75810.3 mi
65
MN-650666
Landlocked · Power at road
1.1Jan 12, 2025$5,5005,1996,95512.6 mi
63
MN-932485
Paved · Off grid
3.9Aug 22, 2024$28,6007,2716,8886.9 mi
61
Show adjustment detail for the top comp
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (19 mo)+6.5%

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.