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Lake of the Woods County, MN · Sold

MN-837475

1955 County Road 309

$815,200
$5,580/ac · 146 ac
Acreage146 ac
Price per acre$5,580/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJan 1, 2026
Coordinates48.8606, -94.8311
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
22
Low risk
Wetlands16.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

926 ft of deeded road frontage.

Power7,642 ft away

A long utility run — price in solar/off-grid instead.

Buildable area116.17 of 146.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$620,032
$492,370$747,693 · $4,244/ac on 146 ac
Asking vs estimate
+31.5%
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 $815,200
Maximum allowable offer
$354,304
$2,425/ac · +30.0% target margin

You need $460,896 off asking to hit this margin.

All-in cost$384,420
Net resale$570,429
Projected profit$186,009
ROI+48.4%
Annualized+69.2%
Break-even resale$2,860/ac
Profit if resale lands off target
-20%
$71,924
-10%
$128,966
0%
$186,009
+10%
$243,052
+20%
$300,095
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-687372
Landlocked · Off grid
135.6Jul 27, 2026$435,8003,2144,6456.6 mi
91
MN-727095
Dirt · Power at road
110.9Jul 27, 2026$517,9004,6694,3066.4 mi
80
MN-637448
Dirt · Power at road
143.3Sep 4, 2025$762,5005,3225,4417.4 mi
77
MN-326111
Landlocked · Full utilities
54.4Jul 27, 2026$225,6004,1483,36613.3 mi
71
MN-518975
Gravel · Full utilities
433.1Apr 21, 2026$1,509,9003,4863,3549.1 mi
68
MN-209157
Gravel · Full utilities
494.1Jun 30, 2025$2,662,8005,3895,5758.3 mi
66
MN-398149
Landlocked · Power at road
238.1Jan 22, 2025$761,5003,1994,87410.0 mi
64
MN-498273
Paved · Off grid
260.4Mar 19, 2025$856,7003,2893,46513.9 mi
64
MN-376017
Gravel · Power at road
50.8Apr 15, 2024$198,6003,9082,8438.0 mi
63
MN-626823
Landlocked · Full utilities
91.1Jun 13, 2024$388,9004,2694,23412.1 mi
61
Show adjustment detail for the top comp
  • Tract size (135.59 ac → 146.1 ac)-1.9%
  • Access (Landlocked → Gravel)+47.1%

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.