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Morrison County, MN · Sold

MN-403682

4497 County Road 350

$56,300
$6,015/ac · 9.36 ac
Acreage9.36 ac
Price per acre$6,015/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedJan 11, 2024
Coordinates45.9466, -94.2149
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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

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope7.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

762 ft of deeded road frontage.

Power2,840 ft away

Service extension needed; get a utility quote.

Buildable area8.50 of 9.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$54,395
$45,663$63,127 · $5,811/ac on 9.36 ac
Asking vs estimate
+3.5%
In line with the comp set

Weighted from 6 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 $56,300
Maximum allowable offer
$31,083
$3,321/ac · +30.0% target margin

You need $25,217 off asking to hit this margin.

All-in cost$33,725
Net resale$50,043
Projected profit$16,318
ROI+48.4%
Annualized+69.2%
Break-even resale$3,916/ac
Profit if resale lands off target
-20%
$6,309
-10%
$11,314
0%
$16,318
+10%
$21,322
+20%
$26,327
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-253663
Dirt · Off grid
9.2Jul 27, 2026$57,2006,1946,20111.9 mi
87
MN-112990
Gravel · Off grid
5.7Jul 27, 2026$50,0008,8277,37211.2 mi
76
MN-814959
Gravel · Power at road
23.6Jul 27, 2026$143,7006,0884,9245.4 mi
72
MN-604899
Gravel · Power at road
22.6Jun 7, 2026$130,7005,7824,6744.1 mi
71
MN-534290
Gravel · Off grid
14.5Jun 8, 2024$78,8005,4185,2933.2 mi
69
MN-362264
Gravel · Full utilities
3.4Apr 16, 2024$33,80010,0786,2881.6 mi
60
Show adjustment detail for the top comp

    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.