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Morrison County, MN · Sold

MN-814959

5147 County Road 312

$160,600
$6,802/ac · 23.61 ac
Acreage23.61 ac
Price per acre$6,802/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJan 16, 2026
Coordinates46.0199, -94.1787
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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

3 items to verify before you offer.

Risk index
15
Low risk
Wetlands15.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,059 ft of deeded road frontage.

Power232 ft away

Power at or near the road.

Buildable area19.04 of 23.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$174,004
$144,583$203,426 · $7,370/ac on 23.61 ac
Asking vs estimate
-7.7%
Priced below 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 $160,600
Maximum allowable offer
$99,431
$4,211/ac · +30.0% target margin

You need $61,169 off asking to hit this margin.

All-in cost$107,883
Net resale$160,084
Projected profit$52,201
ROI+48.4%
Annualized+69.2%
Break-even resale$4,967/ac
Profit if resale lands off target
-20%
$20,185
-10%
$36,193
0%
$52,201
+10%
$68,210
+20%
$84,218
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-604899
Gravel · Power at road
22.6Jun 7, 2026$130,7005,7825,7922.2 mi
95
MN-253663
Dirt · Off grid
9.2Jul 27, 2026$57,2006,1947,6856.6 mi
71
MN-112990
Gravel · Off grid
5.7Jul 27, 2026$50,0008,8279,1355.9 mi
69
MN-534290
Gravel · Off grid
14.5Jun 8, 2024$78,8005,4186,5597.9 mi
66
MN-403682
Dirt · Off grid
9.4Dec 17, 2024$58,9006,2988,3495.4 mi
61
Show adjustment detail for the top comp
  • Tract size (22.6 ac → 23.61 ac)-0.6%
  • Market time (2 mo)+0.8%

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.