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Lake of the Woods County, MN · Sold

MN-762091

7614 County Road 31

$21,900
$7,399/ac · 2.96 ac
Acreage2.96 ac
Price per acre$7,399/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedApr 15, 2024
Coordinates48.6979, -94.8014
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
33
Moderate risk
Wetlands0.6% of tract

Little to no mapped wetland coverage.

Average slope29.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area1.77 of 2.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,009
$15,971$26,048 · $7,098/ac on 2.96 ac
Asking vs estimate
+4.2%
In line with 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
$12,005
$4,056/ac · +30.0% target margin

You need $9,895 off asking to hit this margin.

All-in cost$13,025
Net resale$19,329
Projected profit$6,303
ROI+48.4%
Annualized+69.3%
Break-even resale$4,783/ac
Profit if resale lands off target
-20%
$2,437
-10%
$4,370
0%
$6,303
+10%
$8,236
+20%
$10,169
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-461702
Dirt · Full utilities
2.2May 13, 2026$22,0009,8809,9164.9 mi
88
MN-681474
Dirt · Full utilities
1.9Mar 10, 2026$16,5008,7208,7861.5 mi
82
MN-481793
Landlocked · Off grid
2.4Dec 20, 2025$7,2003,0415,6391.2 mi
80
MN-622452
Dirt · Power at road
3.8Mar 11, 2026$23,3006,0737,6077.4 mi
79
MN-382500
Dirt · Power at road
4.0Dec 4, 2025$15,1003,7864,8015.2 mi
78
MN-561089
Landlocked · Off grid
1.4Jun 4, 2026$5,3003,6956,66110.0 mi
70
MN-231073
Paved · Off grid
1.4May 25, 2026$6,6004,7134,90110.1 mi
69
MN-223449
Paved · Full utilities
7.9Oct 19, 2025$80,20010,1387,9941.9 mi
69
MN-613413
Gravel · Off grid
7.7Jan 26, 2026$48,6006,3118,3219.5 mi
69
MN-270702
Gravel · Full utilities
1.1Dec 28, 2025$7,1006,5615,6858.4 mi
66
Show adjustment detail for the top comp
  • Tract size (2.23 ac → 2.96 ac)-0.7%
  • Market time (3 mo)+1.1%

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.