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Morrison County, MN · Sold

MN-937431

4507 County Road 316

$757,700
$5,354/ac · 142 ac
Acreage142 ac
Price per acre$5,354/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedAug 25, 2025
Coordinates46.0264, -94.3724
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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

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

View Morrison market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands0.9% of tract

Little to no mapped wetland coverage.

Average slope25.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,099 ft of deeded road frontage.

Power82 ft away

Power at or near the road.

Buildable area84.14 of 141.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$615,786
$528,025$703,547 · $4,352/ac on 142 ac
Asking vs estimate
+23.0%
Priced above the comp set

Weighted from 5 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 $757,700
Maximum allowable offer
$351,878
$2,487/ac · +30.0% target margin

You need $405,822 off asking to hit this margin.

All-in cost$381,788
Net resale$566,523
Projected profit$184,735
ROI+48.4%
Annualized+69.2%
Break-even resale$2,933/ac
Profit if resale lands off target
-20%
$71,431
-10%
$128,083
0%
$184,735
+10%
$241,388
+20%
$298,040
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-989204
Paved · Power at road
511.2Jul 27, 2026$1,452,1002,8403,4851.0 mi
73
MN-908277
Gravel · Off grid
261.2Nov 4, 2025$917,6003,5135,05610.0 mi
70
MN-448823
Paved · Power at road
387.9Apr 30, 2026$1,713,5004,4175,0398.3 mi
68
MN-814959
Gravel · Power at road
23.6Jul 27, 2026$143,7006,0884,2059.3 mi
67
MN-604899
Gravel · Power at road
22.6Jun 7, 2026$130,7005,7823,99210.6 mi
64
Show adjustment detail for the top comp
  • Tract size (511.22 ac → 141.51 ac)+44.4%
  • Access (Paved → Gravel)-15.3%

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.