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Lake of the Woods County, MN · Sold

MN-912830

7256 County Road 297

$21,900
$4,337/ac · 5.05 ac
Acreage5.05 ac
Price per acre$4,337/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedJul 15, 2024
Coordinates48.7942, -94.9521
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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

245 ft of deeded road frontage.

Power134 ft away

Power at or near the road.

Buildable area4.67 of 5.05 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$30,313
$24,394$36,232 · $6,003/ac on 5.05 ac
Asking vs estimate
-27.8%
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 $21,900
Maximum allowable offer
$17,322
$3,430/ac · +30.0% target margin

You need $4,578 off asking to hit this margin.

All-in cost$18,794
Net resale$27,888
Projected profit$9,094
ROI+48.4%
Annualized+69.2%
Break-even resale$4,045/ac
Profit if resale lands off target
-20%
$3,516
-10%
$6,305
0%
$9,094
+10%
$11,882
+20%
$14,671
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-622452
Dirt · Power at road
3.8Mar 11, 2026$23,3006,0736,1144.3 mi
82
MN-382500
Dirt · Power at road
4.0Dec 4, 2025$15,1003,7863,8588.4 mi
78
MN-461702
Dirt · Full utilities
2.2May 13, 2026$22,0009,8807,9694.7 mi
74
MN-613413
Gravel · Off grid
7.7Jan 26, 2026$48,6006,3116,6885.1 mi
74
MN-954202
Dirt · Off grid
13.6Jul 27, 2026$54,5003,9945,0517.1 mi
72
MN-653307
Gravel · Off grid
7.1Jul 16, 2025$39,2005,4985,9243.9 mi
72
MN-223449
Paved · Full utilities
7.9Oct 19, 2025$80,20010,1386,4257.6 mi
70
MN-762091
Dirt · Full utilities
3.0Jun 7, 2025$22,8007,7026,5009.6 mi
68
MN-681474
Dirt · Full utilities
1.9Mar 10, 2026$16,5008,7207,0619.2 mi
68
MN-481793
Landlocked · Off grid
2.4Dec 20, 2025$7,2003,0414,5329.0 mi
66
Show adjustment detail for the top comp
  • Tract size (3.84 ac → 5.05 ac)-1.1%
  • Market time (5 mo)+1.8%

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.