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Lake of the Woods County, MN · Sold

MN-995375

651 County Road 72

$125,900
$3,945/ac · 31.91 ac
Acreage31.91 ac
Price per acre$3,945/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedApr 4, 2026
Coordinates48.8306, -94.9004
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
25
Low risk
Wetlands16.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,314 ft of deeded road frontage.

Power14,558 ft away

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

Buildable area25.37 of 31.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$158,853
$115,671$202,035 · $4,978/ac on 31.91 ac
Asking vs estimate
-20.7%
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 $125,900
Maximum allowable offer
$90,773
$2,845/ac · +30.0% target margin

You need $35,127 off asking to hit this margin.

All-in cost$98,489
Net resale$146,145
Projected profit$47,656
ROI+48.4%
Annualized+69.3%
Break-even resale$3,355/ac
Profit if resale lands off target
-20%
$18,427
-10%
$33,042
0%
$47,656
+10%
$62,271
+20%
$76,885
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-715505
Dirt · Off grid
35.1Jun 11, 2025$100,6002,8683,55610.2 mi
80
MN-624731
Gravel · Full utilities
20.0Sep 10, 2025$227,80011,3827,6961.9 mi
76
MN-326111
Landlocked · Full utilities
54.4Jul 27, 2026$225,6004,1484,70312.0 mi
73
MN-955394
Dirt · Off grid
32.4Apr 26, 2024$101,7003,1444,0198.9 mi
72
MN-954202
Dirt · Off grid
13.6Jul 27, 2026$54,5003,9944,1619.1 mi
72
MN-727095
Dirt · Power at road
110.9Jul 27, 2026$517,9004,6696,0175.8 mi
68
MN-376017
Gravel · Power at road
50.8Apr 15, 2024$198,6003,9083,9724.3 mi
68
MN-626823
Landlocked · Full utilities
91.1Jun 13, 2024$388,9004,2695,9168.5 mi
56
Show adjustment detail for the top comp
  • Tract size (35.06 ac → 31.91 ac)+1.6%
  • Access (Dirt → Gravel)+16.3%
  • Market time (14 mo)+5.0%

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.