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Morrison County, MN · Sold

MN-989204

2065 County Road 384

$1,682,600
$3,291/ac · 511 ac
Acreage511 ac
Price per acre$3,291/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJun 30, 2026
Coordinates46.0233, -94.3528
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

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
16
Low risk
Wetlands11.3% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,047 ft of deeded road frontage.

Power172 ft away

Power at or near the road.

Buildable area430.78 of 511.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,214,260
$2,037,120$2,391,401 · $4,331/ac on 511 ac
Asking vs estimate
-24.0%
Priced below the comp set

Weighted from 3 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 $1,682,600
Maximum allowable offer
$1,265,292
$2,475/ac · +30.0% target margin

You need $417,308 off asking to hit this margin.

All-in cost$1,372,842
Net resale$2,037,120
Projected profit$664,278
ROI+48.4%
Annualized+69.2%
Break-even resale$2,919/ac
Profit if resale lands off target
-20%
$256,854
-10%
$460,566
0%
$664,278
+10%
$867,990
+20%
$1,071,702
Comparable sales3 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-448823
Paved · Power at road
387.9Apr 30, 2026$1,713,5004,4174,1177.4 mi
82
MN-937431
Gravel · Power at road
141.5Mar 21, 2026$813,0005,7454,7731.0 mi
70
MN-908277
Gravel · Off grid
261.2Nov 4, 2025$917,6003,5134,1309.1 mi
66
Show adjustment detail for the top comp
  • Tract size (387.92 ac → 511.22 ac)-7.9%
  • Market time (4 mo)+1.2%

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.