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Lake of the Woods County, MN · Sold

MN-561089

3455 County Road 297

$5,100
$3,566/ac · 1.43 ac
Acreage1.43 ac
Price per acre$3,566/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedApr 19, 2025
Coordinates48.8265, -94.9036
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
Wetlands6.9% of tract

Little to no mapped wetland coverage.

Average slope27.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,564 ft away

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

Buildable area0.80 of 1.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,491
$4,204$6,778 · $3,840/ac on 1.43 ac
Asking vs estimate
-7.1%
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 $5,100
Maximum allowable offer
$3,138
$2,194/ac · +30.0% target margin

You need $1,962 off asking to hit this margin.

All-in cost$3,405
Net resale$5,052
Projected profit$1,647
ROI+48.4%
Annualized+69.2%
Break-even resale$2,588/ac
Profit if resale lands off target
-20%
$637
-10%
$1,142
0%
$1,647
+10%
$2,152
+20%
$2,657
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-231073
Paved · Off grid
1.4May 25, 2026$6,6004,7132,7415.7 mi
90
MN-230298
Gravel · Off grid
0.8Jul 27, 2026$5,2006,3914,3285.7 mi
78
MN-461702
Dirt · Full utilities
2.2May 13, 2026$22,0009,8805,5465.5 mi
76
MN-681474
Dirt · Full utilities
1.9Mar 10, 2026$16,5008,7204,9149.2 mi
75
MN-270702
Gravel · Full utilities
1.1Dec 28, 2025$7,1006,5613,1807.1 mi
74
MN-481793
Landlocked · Off grid
2.4Dec 20, 2025$7,2003,0413,1549.8 mi
74
MN-900627
Landlocked · Power at road
1.0Oct 10, 2025$4,4004,3563,8198.6 mi
74
MN-400171
Landlocked · Off grid
0.7Sep 19, 2025$2,8003,7663,88210.8 mi
69
MN-382500
Dirt · Power at road
4.0Dec 4, 2025$15,1003,7862,68510.5 mi
67
MN-622452
Dirt · Power at road
3.8Mar 11, 2026$23,3006,0734,2557.0 mi
66
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%
  • Market time (3 mo)+0.9%

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.