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Lake of the Woods County, MN · Sold

MN-326111

3136 County Road 155

$218,200
$4,012/ac · 54.39 ac
Acreage54.39 ac
Price per acre$4,012/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedMay 4, 2026
Coordinates48.6696, -94.8011
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

4 items to verify before you offer.

Risk index
59
High risk
Wetlands32.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area34.72 of 54.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$270,829
$194,997$346,661 · $4,979/ac on 54.39 ac
Asking vs estimate
-19.4%
Priced below 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 $218,200
Maximum allowable offer
$154,759
$2,845/ac · +30.0% target margin

You need $63,441 off asking to hit this margin.

All-in cost$167,914
Net resale$249,162
Projected profit$81,249
ROI+48.4%
Annualized+69.3%
Break-even resale$3,356/ac
Profit if resale lands off target
-20%
$31,416
-10%
$56,333
0%
$81,249
+10%
$106,165
+20%
$131,081
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-687372
Landlocked · Off grid
135.6Jul 27, 2026$435,8003,2145,73613.5 mi
75
MN-727095
Dirt · Power at road
110.9Jul 27, 2026$517,9004,6695,3186.9 mi
73
MN-376017
Gravel · Power at road
50.8Apr 15, 2024$198,6003,9083,51110.7 mi
73
MN-995375
Gravel · Off grid
31.9Jul 27, 2026$110,9003,4763,07912.0 mi
73
MN-837475
Gravel · Off grid
146.1May 4, 2026$812,8005,5636,95213.3 mi
69
MN-715505
Dirt · Off grid
35.1Jun 11, 2025$100,6002,8683,1437.7 mi
68
MN-626823
Landlocked · Full utilities
91.1Jun 13, 2024$388,9004,2695,22911.0 mi
66
MN-624731
Gravel · Full utilities
20.0Sep 10, 2025$227,80011,3826,80213.8 mi
65
MN-955394
Dirt · Off grid
32.4Apr 26, 2024$101,7003,1443,5539.3 mi
62
MN-637448
Dirt · Power at road
143.3Sep 4, 2025$762,5005,3226,72011.9 mi
60
Show adjustment detail for the top comp
  • Tract size (135.59 ac → 54.39 ac)+24.1%
  • Utilities (Off grid → Full utilities)+43.5%

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.