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Lake of the Woods County, MN · Sold

MN-398149

8140 County Road 139

$720,400
$3,026/ac · 238 ac
Acreage238 ac
Price per acre$3,026/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedMar 17, 2024
Coordinates48.7559, -94.9825
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

1 item to verify before you offer.

Risk index
31
Moderate risk
Wetlands9.5% of tract

Little to no mapped wetland coverage.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power205 ft away

Power at or near the road.

Buildable area204.67 of 238.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$758,034
$615,932$900,137 · $3,184/ac on 238 ac
Asking vs estimate
-5.0%
In line with 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 $720,400
Maximum allowable offer
$433,163
$1,820/ac · +30.0% target margin

You need $287,237 off asking to hit this margin.

All-in cost$469,982
Net resale$697,392
Projected profit$227,410
ROI+48.4%
Annualized+69.2%
Break-even resale$2,146/ac
Profit if resale lands off target
-20%
$87,931
-10%
$157,671
0%
$227,410
+10%
$297,149
+20%
$366,888
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-518975
Gravel · Full utilities
433.1Apr 21, 2026$1,509,9003,4862,3460.9 mi
81
MN-687372
Landlocked · Off grid
135.6Jul 27, 2026$435,8003,2143,2485.2 mi
79
MN-727095
Dirt · Power at road
110.9Jul 27, 2026$517,9004,6693,0127.8 mi
74
MN-498273
Paved · Off grid
260.4Mar 19, 2025$856,7003,2892,4236.2 mi
74
MN-637448
Dirt · Power at road
143.3Sep 4, 2025$762,5005,3223,8053.3 mi
74
MN-837475
Gravel · Off grid
146.1May 4, 2026$812,8005,5633,93710.0 mi
72
MN-626823
Landlocked · Full utilities
91.1Jun 13, 2024$388,9004,2692,9612.2 mi
64
MN-209157
Gravel · Full utilities
494.1Jun 30, 2025$2,662,8005,3893,8997.8 mi
64
Show adjustment detail for the top comp
  • Tract size (433.08 ac → 238.06 ac)+19.1%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (4 mo)+1.3%

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.