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Lake of the Woods County, MN · Sold

MN-376017

5875 County Road 245

$238,100
$4,686/ac · 50.81 ac
Acreage50.81 ac
Price per acre$4,686/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedOct 16, 2023
Coordinates48.7826, -94.9613
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
28
Low risk
Wetlands13.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.5%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power197 ft away

Power at or near the road.

Buildable area41.61 of 50.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$313,331
$225,599$401,064 · $6,167/ac on 50.81 ac
Asking vs estimate
-24.0%
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 $238,100
Maximum allowable offer
$179,047
$3,524/ac · +30.0% target margin

You need $59,053 off asking to hit this margin.

All-in cost$194,266
Net resale$288,265
Projected profit$93,999
ROI+48.4%
Annualized+69.2%
Break-even resale$4,156/ac
Profit if resale lands off target
-20%
$36,346
-10%
$65,172
0%
$93,999
+10%
$122,825
+20%
$151,652
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-326111
Landlocked · Full utilities
54.4Jul 27, 2026$225,6004,1485,08110.7 mi
86
MN-995375
Gravel · Off grid
31.9Jul 27, 2026$110,9003,4763,7634.3 mi
81
MN-687372
Landlocked · Off grid
135.6Jul 27, 2026$435,8003,2147,0113.3 mi
77
MN-727095
Dirt · Power at road
110.9Jul 27, 2026$517,9004,6696,5006.8 mi
75
MN-837475
Gravel · Off grid
146.1May 4, 2026$812,8005,5638,4978.0 mi
73
MN-624731
Gravel · Full utilities
20.0Sep 10, 2025$227,80011,3828,3144.9 mi
72
MN-715505
Dirt · Off grid
35.1Jun 11, 2025$100,6002,8683,8426.4 mi
70
MN-637448
Dirt · Power at road
143.3Sep 4, 2025$762,5005,3228,2131.4 mi
68
MN-955394
Dirt · Off grid
32.4Apr 26, 2024$101,7003,1444,3424.8 mi
65
MN-626823
Landlocked · Full utilities
91.1Jun 13, 2024$388,9004,2696,3924.1 mi
64
Show adjustment detail for the top comp
  • Tract size (54.39 ac → 50.81 ac)+1.4%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Power at road)-18.0%

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.