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Lake County, MN · Sold

MN-145700

7587 County Road 171

$195,800
$4,849/ac · 40.38 ac
Acreage40.38 ac
Price per acre$4,849/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedAug 9, 2024
Coordinates47.4965, -91.5291
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

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope12.3%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

474 ft of deeded road frontage.

Power27 ft away

Power at or near the road.

Buildable area27.20 of 40.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$176,766
$142,120$211,411 · $4,378/ac on 40.38 ac
Asking vs estimate
+10.8%
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 $195,800
Maximum allowable offer
$101,009
$2,501/ac · +30.0% target margin

You need $94,791 off asking to hit this margin.

All-in cost$109,595
Net resale$162,624
Projected profit$53,030
ROI+48.4%
Annualized+69.2%
Break-even resale$2,950/ac
Profit if resale lands off target
-20%
$20,505
-10%
$36,767
0%
$53,030
+10%
$69,292
+20%
$85,555
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-536062
Dirt · Full utilities
52.5Jul 27, 2026$277,9005,2955,3229.3 mi
78
MN-746003
Gravel · Off grid
50.3Mar 21, 2025$185,3003,6844,7874.2 mi
75
MN-825445
Dirt · Full utilities
33.6Feb 27, 2026$132,2003,9393,70510.5 mi
75
MN-127371
Dirt · Full utilities
135.5Jun 29, 2026$396,3002,9253,6859.6 mi
70
MN-506904
Gravel · Power at road
96.6Aug 5, 2025$276,1002,8583,5987.9 mi
67
MN-306506
Dirt · Power at road
72.4Oct 21, 2024$300,0004,1435,84611.2 mi
63
MN-406893
Landlocked · Off grid
95.8Sep 14, 2025$160,8001,6773,63012.6 mi
61
Show adjustment detail for the top comp
  • Tract size (52.49 ac → 40.38 ac)+5.2%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.