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Marshall County, MN · Sold

MN-596311

706 County Road 228

$155,700
$2,477/ac · 62.87 ac
Acreage62.87 ac
Price per acre$2,477/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedMar 4, 2024
Coordinates48.4437, -96.3176
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

Marshall County, Minnesota. Lake country cabin lots north, prime tillable ground south.

View Marshall market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
27
Low risk
Wetlands11.1% of tract

Little to no mapped wetland coverage.

Average slope11.5%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,638 ft of deeded road frontage.

Power12,640 ft away

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

Buildable area53.10 of 62.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$224,408
$198,313$250,504 · $3,569/ac on 62.87 ac
Asking vs estimate
-30.6%
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 $155,700
Maximum allowable offer
$128,233
$2,040/ac · +30.0% target margin

You need $27,467 off asking to hit this margin.

All-in cost$139,133
Net resale$206,456
Projected profit$67,323
ROI+48.4%
Annualized+69.3%
Break-even resale$2,405/ac
Profit if resale lands off target
-20%
$26,032
-10%
$46,677
0%
$67,323
+10%
$87,968
+20%
$108,614
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-736089
Gravel · Power at road
53.5Nov 7, 2025$190,8003,5643,0233.1 mi
81
MN-906705
Gravel · Power at road
83.6Jul 27, 2026$319,1003,8163,4678.6 mi
81
MN-526853
Dirt · Full utilities
93.1Jun 27, 2026$410,6004,4103,9323.9 mi
79
MN-265882
Dirt · Full utilities
46.1Jul 27, 2026$260,4005,6514,3047.5 mi
79
MN-245651
Dirt · Power at road
39.0Jun 2, 2026$171,0004,3883,9777.6 mi
75
MN-784658
Gravel · Full utilities
19.0Jul 27, 2026$125,2006,5973,7547.3 mi
70
MN-924639
Dirt · Off grid
18.7Jul 27, 2026$66,5003,5503,3666.4 mi
70
MN-235703
Gravel · Power at road
40.5Nov 3, 2024$161,6003,9943,3415.1 mi
70
MN-177542
Dirt · Off grid
153.4Jan 18, 2025$351,1002,2893,5283.9 mi
69
MN-707248
Dirt · Full utilities
123.9Oct 3, 2025$367,4002,9642,9265.0 mi
69
Show adjustment detail for the top comp
  • Tract size (53.53 ac → 62.87 ac)-3.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (9 mo)+3.2%

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.