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Morrison County, MN · Sold

MN-390933

3409 County Road 195

$6,700
$5,234/ac · 1.28 ac
Acreage1.28 ac
Price per acre$5,234/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedOct 31, 2023
Coordinates46.1029, -94.3116
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
18
Low risk
Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

105 ft of deeded road frontage.

Power4,562 ft away

Service extension needed; get a utility quote.

Buildable area1.09 of 1.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,317
$9,231$11,404 · $8,061/ac on 1.28 ac
Asking vs estimate
-35.1%
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 $6,700
Maximum allowable offer
$5,896
$4,606/ac · +30.0% target margin

You need $804 off asking to hit this margin.

All-in cost$6,397
Net resale$9,492
Projected profit$3,095
ROI+48.4%
Annualized+69.2%
Break-even resale$5,432/ac
Profit if resale lands off target
-20%
$1,197
-10%
$2,146
0%
$3,095
+10%
$4,044
+20%
$4,993
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-112990
Gravel · Off grid
5.7Jul 27, 2026$50,0008,8279,2267.4 mi
70
MN-253663
Dirt · Off grid
9.2Jul 27, 2026$57,2006,1947,7617.8 mi
64
MN-362264
Gravel · Full utilities
3.4Apr 16, 2024$33,80010,0787,86912.8 mi
57
MN-403682
Dirt · Off grid
9.4Dec 17, 2024$58,9006,2988,43211.8 mi
55
MN-534290
Gravel · Off grid
14.5Jun 8, 2024$78,8005,4186,62512.3 mi
50
Show adjustment detail for the top comp
  • Tract size (5.67 ac → 1.28 ac)+4.3%

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.