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Lake of the Woods County, MN · Sold

MN-461702

6115 County Road 368

$21,900
$9,821/ac · 2.23 ac
Acreage2.23 ac
Price per acre$9,821/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedNov 1, 2025
Coordinates48.7495, -94.8740
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 of the Woods County, Minnesota. Lake country cabin lots north, prime tillable ground south.

View Lake of the Woods market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands17.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

239 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.74 of 2.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$15,374
$12,216$18,532 · $6,894/ac on 2.23 ac
Asking vs estimate
+42.4%
Priced above the comp set

Weighted from 10 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 $21,900
Maximum allowable offer
$8,785
$3,940/ac · +30.0% target margin

You need $13,115 off asking to hit this margin.

All-in cost$9,532
Net resale$14,144
Projected profit$4,612
ROI+48.4%
Annualized+69.3%
Break-even resale$4,646/ac
Profit if resale lands off target
-20%
$1,784
-10%
$3,198
0%
$4,612
+10%
$6,027
+20%
$7,441
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-681474
Dirt · Full utilities
1.9Mar 10, 2026$16,5008,7208,8494.6 mi
85
MN-762091
Dirt · Full utilities
3.0Jun 7, 2025$22,8007,7028,1454.9 mi
81
MN-481793
Landlocked · Off grid
2.4Dec 20, 2025$7,2003,0415,6794.4 mi
80
MN-622452
Dirt · Power at road
3.8Mar 11, 2026$23,3006,0737,6624.0 mi
76
MN-561089
Landlocked · Off grid
1.4Jun 4, 2026$5,3003,6956,7085.5 mi
76
MN-231073
Paved · Off grid
1.4May 25, 2026$6,6004,7134,9365.7 mi
76
MN-382500
Dirt · Power at road
4.0Dec 4, 2025$15,1003,7864,8355.4 mi
73
MN-230298
Gravel · Off grid
0.8Jul 27, 2026$5,2006,3917,7939.5 mi
73
MN-270702
Gravel · Full utilities
1.1Dec 28, 2025$7,1006,5615,7254.8 mi
71
MN-613413
Gravel · Off grid
7.7Jan 26, 2026$48,6006,3118,3815.7 mi
68
Show adjustment detail for the top comp
  • Market time (5 mo)+1.8%

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.