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Lake of the Woods County, MN · Sold

MN-613413

1621 County Road 105

$58,200
$7,558/ac · 7.70 ac
Acreage7.70 ac
Price per acre$7,558/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedDec 20, 2024
Coordinates48.8311, -94.8545
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
23
Low risk
Wetlands15.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

569 ft of deeded road frontage.

Power9,476 ft away

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

Buildable area6.17 of 7.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$45,189
$33,781$56,598 · $5,869/ac on 7.70 ac
Asking vs estimate
+28.8%
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 $58,200
Maximum allowable offer
$25,823
$3,354/ac · +30.0% target margin

You need $32,377 off asking to hit this margin.

All-in cost$28,018
Net resale$41,574
Projected profit$13,556
ROI+48.4%
Annualized+69.2%
Break-even resale$3,955/ac
Profit if resale lands off target
-20%
$5,241
-10%
$9,399
0%
$13,556
+10%
$17,714
+20%
$21,871
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-653307
Gravel · Off grid
7.1Jul 16, 2025$39,2005,4985,7208.7 mi
79
MN-223449
Paved · Full utilities
7.9Oct 19, 2025$80,20010,1386,2047.9 mi
77
MN-954202
Dirt · Off grid
13.6Jul 27, 2026$54,5003,9944,8779.2 mi
76
MN-461702
Dirt · Full utilities
2.2May 13, 2026$22,0009,8807,6955.7 mi
71
MN-622452
Dirt · Power at road
3.8Mar 11, 2026$23,3006,0735,9038.3 mi
69
MN-624731
Gravel · Full utilities
20.0Sep 10, 2025$227,80011,3829,0203.7 mi
68
MN-912830
Dirt · Power at road
5.0Aug 16, 2024$22,8004,5194,7305.1 mi
66
MN-382500
Dirt · Power at road
4.0Dec 4, 2025$15,1003,7863,72611.1 mi
66
MN-762091
Dirt · Full utilities
3.0Jun 7, 2025$22,8007,7026,2769.5 mi
65
MN-481793
Landlocked · Off grid
2.4Dec 20, 2025$7,2003,0414,3769.6 mi
63
Show adjustment detail for the top comp
  • Market time (13 mo)+4.5%

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.