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Lake of the Woods County, MN · Sold

MN-954202

638 County Road 212

$58,700
$4,304/ac · 13.64 ac
Acreage13.64 ac
Price per acre$4,304/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMay 12, 2026
Coordinates48.6995, -94.8910
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
43
Moderate risk
Wetlands33.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

619 ft of deeded road frontage.

Power8,356 ft away

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

Buildable area8.62 of 13.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$60,947
$43,882$78,013 · $4,468/ac on 13.64 ac
Asking vs estimate
-3.7%
In line with the comp set

Weighted from 9 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 $58,700
Maximum allowable offer
$34,827
$2,553/ac · +30.0% target margin

You need $23,873 off asking to hit this margin.

All-in cost$37,787
Net resale$56,072
Projected profit$18,284
ROI+48.4%
Annualized+69.3%
Break-even resale$3,011/ac
Profit if resale lands off target
-20%
$7,070
-10%
$12,677
0%
$18,284
+10%
$23,891
+20%
$29,499
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-223449
Paved · Full utilities
7.9Oct 19, 2025$80,20010,1385,0913.0 mi
76
MN-995375
Gravel · Off grid
31.9Jul 27, 2026$110,9003,4763,3519.1 mi
72
MN-613413
Gravel · Off grid
7.7Jan 26, 2026$48,6006,3115,2999.2 mi
71
MN-653307
Gravel · Off grid
7.1Jul 16, 2025$39,2005,4984,6945.5 mi
69
MN-715505
Dirt · Off grid
35.1Jun 11, 2025$100,6002,8683,4203.5 mi
69
MN-624731
Gravel · Full utilities
20.0Sep 10, 2025$227,80011,3827,40210.5 mi
69
MN-382500
Dirt · Power at road
4.0Dec 4, 2025$15,1003,7863,0571.9 mi
68
MN-955394
Dirt · Off grid
32.4Apr 26, 2024$101,7003,1443,8664.7 mi
65
MN-912830
Dirt · Power at road
5.0Aug 16, 2024$22,8004,5193,8817.1 mi
60
Show adjustment detail for the top comp
  • Tract size (7.91 ac → 13.64 ac)-4.4%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (10 mo)+3.5%

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.