← New search
Norman County, MN · Sold

MN-424627

8989 County Road 141

$128,500
$6,923/ac · 18.56 ac
Acreage18.56 ac
Price per acre$6,923/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedJun 15, 2025
Coordinates47.2449, -96.4256
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

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

View Norman market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands15.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

905 ft of deeded road frontage.

Power11,730 ft away

A long utility run — price in solar/off-grid instead.

Buildable area14.97 of 18.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$157,090
$127,814$186,367 · $8,464/ac on 18.56 ac
Asking vs estimate
-18.2%
Priced below the comp set

Weighted from 10 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 $128,500
Maximum allowable offer
$89,766
$4,837/ac · +30.0% target margin

You need $38,734 off asking to hit this margin.

All-in cost$97,396
Net resale$144,523
Projected profit$47,127
ROI+48.4%
Annualized+69.2%
Break-even resale$5,704/ac
Profit if resale lands off target
-20%
$18,222
-10%
$32,675
0%
$47,127
+10%
$61,579
+20%
$76,031
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-444612
Paved · Power at road
18.4Jul 27, 2026$217,40011,84310,0767.2 mi
87
MN-604913
Dirt · Off grid
22.8Jul 27, 2026$122,3005,3557,5667.6 mi
87
MN-765056
Paved · Power at road
25.3Jul 27, 2026$228,6009,0268,0176.7 mi
82
MN-434560
Paved · Off grid
17.7Jan 5, 2025$166,6009,42610,0043.4 mi
80
MN-613419
Dirt · Power at road
7.7Jul 27, 2026$56,8007,3367,9106.2 mi
76
MN-413529
Dirt · Off grid
8.4Dec 6, 2025$70,7008,43611,0478.2 mi
72
MN-994379
Dirt · Power at road
15.5Jan 22, 2025$73,3004,7265,7537.3 mi
71
MN-762964
Dirt · Off grid
5.6Jan 16, 2026$27,8005,0016,3619.6 mi
63
MN-153089
Gravel · Off grid
6.1Sep 13, 2025$45,0007,3828,2288.6 mi
62
MN-953217
Landlocked · Off grid
6.7Jun 20, 2024$35,6005,3319,2224.3 mi
61
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%

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.