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Lake of the Woods County, MN · Sold

MN-653307

9363 County Road 331

$36,600
$5,133/ac · 7.13 ac
Acreage7.13 ac
Price per acre$5,133/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedMay 12, 2025
Coordinates48.7439, -94.9922
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
Wetlands1.2% of tract

Little to no mapped wetland coverage.

Average slope28.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

416 ft of deeded road frontage.

Power13,382 ft away

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

Buildable area4.23 of 7.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$42,442
$31,773$53,111 · $5,953/ac on 7.13 ac
Asking vs estimate
-13.8%
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 $36,600
Maximum allowable offer
$24,253
$3,401/ac · +30.0% target margin

You need $12,347 off asking to hit this margin.

All-in cost$26,315
Net resale$39,047
Projected profit$12,732
ROI+48.4%
Annualized+69.2%
Break-even resale$4,012/ac
Profit if resale lands off target
-20%
$4,923
-10%
$8,828
0%
$12,732
+10%
$16,637
+20%
$20,542
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-613413
Gravel · Off grid
7.7Jan 26, 2026$48,6006,3116,4898.7 mi
82
MN-622452
Dirt · Power at road
3.8Mar 11, 2026$23,3006,0735,9321.8 mi
79
MN-954202
Dirt · Off grid
13.6Jul 27, 2026$54,5003,9944,9015.5 mi
77
MN-223449
Paved · Full utilities
7.9Oct 19, 2025$80,20010,1386,2347.6 mi
76
MN-382500
Dirt · Power at road
4.0Dec 4, 2025$15,1003,7863,7446.0 mi
70
MN-624731
Gravel · Full utilities
20.0Sep 10, 2025$227,80011,3829,0647.8 mi
69
MN-912830
Dirt · Power at road
5.0Aug 16, 2024$22,8004,5194,7533.9 mi
68
MN-461702
Dirt · Full utilities
2.2May 13, 2026$22,0009,8807,7325.4 mi
67
MN-481793
Landlocked · Off grid
2.4Dec 20, 2025$7,2003,0414,3978.3 mi
65
MN-762091
Dirt · Full utilities
3.0Jun 7, 2025$22,8007,7026,3079.3 mi
62
Show adjustment detail for the top comp
  • Market time (7 mo)+2.3%

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.