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Lake of the Woods County, MN · Sold

MN-622452

3169 County Road 117

$26,500
$6,901/ac · 3.84 ac
Acreage3.84 ac
Price per acre$6,901/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedMar 10, 2025
Coordinates48.7317, -94.9564
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
43
Moderate risk
Wetlands43.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

438 ft of deeded road frontage.

Power162 ft away

Power at or near the road.

Buildable area2.05 of 3.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,973
$16,786$27,160 · $5,722/ac on 3.84 ac
Asking vs estimate
+20.6%
Priced above 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 $26,500
Maximum allowable offer
$12,556
$3,270/ac · +30.0% target margin

You need $13,944 off asking to hit this margin.

All-in cost$13,623
Net resale$20,215
Projected profit$6,592
ROI+48.4%
Annualized+69.3%
Break-even resale$3,856/ac
Profit if resale lands off target
-20%
$2,549
-10%
$4,570
0%
$6,592
+10%
$8,614
+20%
$10,635
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-382500
Dirt · Power at road
4.0Dec 4, 2025$15,1003,7863,9024.4 mi
85
MN-461702
Dirt · Full utilities
2.2May 13, 2026$22,0009,8808,0594.0 mi
78
MN-653307
Gravel · Off grid
7.1Jul 16, 2025$39,2005,4985,9911.8 mi
74
MN-912830
Dirt · Power at road
5.0Aug 16, 2024$22,8004,5194,9534.3 mi
74
MN-762091
Dirt · Full utilities
3.0Jun 7, 2025$22,8007,7026,5737.4 mi
74
MN-681474
Dirt · Full utilities
1.9Mar 10, 2026$16,5008,7207,1417.8 mi
72
MN-481793
Landlocked · Off grid
2.4Dec 20, 2025$7,2003,0414,5836.4 mi
71
MN-231073
Paved · Off grid
1.4May 25, 2026$6,6004,7133,9833.1 mi
71
MN-561089
Landlocked · Off grid
1.4Jun 4, 2026$5,3003,6955,4147.0 mi
68
MN-613413
Gravel · Off grid
7.7Jan 26, 2026$48,6006,3116,7638.3 mi
68
Show adjustment detail for the top comp
  • Market time (8 mo)+2.9%

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.