Norman County, MN · Sold

MN-227339

3483 County Road 258

$668,500

$5,049/ac · 132 ac

Offer report Market this tract

Acreage132 ac

Price per acre$5,049/ac

ZoningAgricultural

Road accessGravel

UtilitiesOff grid

TopographyMixed

ListedSep 12, 2024

Coordinates47.2809, -96.5658

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

1 item to verify before you offer.

Risk index

Low risk

Wetlands9.0% of tract

Little to no mapped wetland coverage.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,420 ft of deeded road frontage.

Power2,602 ft away

Service extension needed; get a utility quote.

Buildable area114.45 of 132.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$520,823

$432,642 – $609,004 · $3,934/ac on 132 ac

Asking vs estimate

+28.4%

Priced above the comp set

Weighted from 9 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 $668,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$297,613

$2,248/ac · +30.0% target margin

You need $370,887 off asking to hit this margin.

All-in cost$322,910

Net resale$479,157

Projected profit$156,247

ROI+48.4%

Annualized+69.2%

Break-even resale$2,651/ac

Profit if resale lands off target

-20%

$60,416

-10%

$108,331

$156,247

+10%

$204,163

+20%

$252,079

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MN-627108 Gravel · Full utilities	112.0	Jul 27, 2026	$498,400	4,451	2,977	4.8 mi	86
MN-577670 Gravel · Off grid	168.3	Sep 24, 2025	$577,400	3,432	3,795	9.1 mi	77
MN-266694 Paved · Full utilities	83.0	Jul 27, 2026	$701,600	8,456	4,455	7.0 mi	76
MN-497498 Dirt · Off grid	148.6	Apr 2, 2025	$430,900	2,901	3,677	6.3 mi	75
MN-417670 Gravel · Full utilities	168.3	Dec 14, 2024	$947,700	5,633	4,477	5.1 mi	73
MN-537511 Dirt · Full utilities	150.0	Jul 8, 2025	$719,900	4,801	4,206	10.2 mi	72
MN-357168 Dirt · Off grid	117.0	Jun 15, 2024	$404,700	3,460	4,252	9.9 mi	70
MN-836899 Dirt · Power at road	96.3	Nov 22, 2024	$473,800	4,922	4,815	4.4 mi	69
MN-795831 Dirt · Power at road	44.4	Apr 11, 2024	$135,500	3,053	2,582	13.3 mi	52

Show adjustment detail for the top comp

Tract size (111.99 ac → 132.39 ac)-4.2%
Utilities (Full utilities → Off grid)-30.3%

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.

Build the listing kit Post a deal or JV