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Lake of the Woods County, MN · Sold

MN-400171

797 County Road 36

$2,600
$3,514/ac · 0.74 ac
Acreage0.74 ac
Price per acre$3,514/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedAug 13, 2024
Coordinates48.6705, -94.8914
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

5 items to verify before you offer.

Risk index
68
High risk
Wetlands36.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.0%

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.

Power7,054 ft away

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

Buildable area0.45 of 0.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,924
$2,269$3,579 · $3,951/ac on 0.74 ac
Asking vs estimate
-11.1%
Priced below the comp set

Weighted from 8 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 $2,600
Maximum allowable offer
$1,671
$2,258/ac · +30.0% target margin

You need $929 off asking to hit this margin.

All-in cost$1,813
Net resale$2,690
Projected profit$877
ROI+48.4%
Annualized+69.2%
Break-even resale$2,663/ac
Profit if resale lands off target
-20%
$339
-10%
$608
0%
$877
+10%
$1,146
+20%
$1,415
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-230298
Gravel · Off grid
0.8Jul 27, 2026$5,2006,3914,35913.5 mi
86
MN-900627
Landlocked · Power at road
1.0Oct 10, 2025$4,4004,3563,8462.7 mi
78
MN-561089
Landlocked · Off grid
1.4Jun 4, 2026$5,3003,6953,75210.8 mi
75
MN-231073
Paved · Off grid
1.4May 25, 2026$6,6004,7132,7618.3 mi
74
MN-270702
Gravel · Full utilities
1.1Dec 28, 2025$7,1006,5613,2025.9 mi
73
MN-461702
Dirt · Full utilities
2.2May 13, 2026$22,0009,8805,5865.5 mi
72
MN-481793
Landlocked · Off grid
2.4Dec 20, 2025$7,2003,0413,1763.3 mi
70
MN-681474
Dirt · Full utilities
1.9Mar 10, 2026$16,5008,7204,9495.8 mi
68
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%

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.