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Lake County, MN · Sold

MN-932485

3811 County Road 72

$29,100
$7,405/ac · 3.93 ac
Acreage3.93 ac
Price per acre$7,405/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedMar 9, 2024
Coordinates47.5089, -91.4687
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

1 item to verify before you offer.

Risk index
6
Low risk
Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

193 ft of deeded road frontage.

Power3,498 ft away

Service extension needed; get a utility quote.

Buildable area3.64 of 3.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$24,006
$21,054$26,959 · $6,109/ac on 3.93 ac
Asking vs estimate
+21.2%
Priced above 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 $29,100
Maximum allowable offer
$13,718
$3,491/ac · +30.0% target margin

You need $15,382 off asking to hit this margin.

All-in cost$14,884
Net resale$22,086
Projected profit$7,202
ROI+48.4%
Annualized+69.2%
Break-even resale$4,117/ac
Profit if resale lands off target
-20%
$2,785
-10%
$4,993
0%
$7,202
+10%
$9,410
+20%
$11,619
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-883275
Paved · Full utilities
7.0Jun 10, 2026$67,2009,6456,9603.0 mi
79
MN-742671
Dirt · Off grid
4.5Oct 9, 2025$18,4004,0995,8567.3 mi
77
MN-191484
Dirt · Power at road
1.9Jul 27, 2026$8,7004,6055,2776.9 mi
73
MN-751526
Dirt · Full utilities
2.0Jan 25, 2025$12,5006,3546,3486.2 mi
68
MN-893589
Paved · Off grid
8.8Jun 14, 2024$55,7006,3657,2471.4 mi
68
MN-200874
Paved · Off grid
1.2Jun 9, 2025$7,7006,3146,4531.8 mi
68
MN-513781
Dirt · Full utilities
10.1Apr 22, 2025$46,8004,6504,9474.1 mi
63
MN-730845
Dirt · Power at road
1.2Feb 5, 2025$5,6004,6295,5933.8 mi
60
Show adjustment detail for the top comp
  • Tract size (6.97 ac → 3.93 ac)+2.8%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (2 mo)+0.8%

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.