← New search
Norman County, MN · Sold

MN-604913

3376 County Road 367

$114,100
$4,996/ac · 22.84 ac
Acreage22.84 ac
Price per acre$4,996/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMay 19, 2026
Coordinates47.3548, -96.4226
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
43
Moderate risk
Wetlands41.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,129 ft of deeded road frontage.

Power1,370 ft away

Service extension needed; get a utility quote.

Buildable area12.67 of 22.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$133,840
$101,957$165,724 · $5,860/ac on 22.84 ac
Asking vs estimate
-14.7%
Priced below 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 $114,100
Maximum allowable offer
$76,480
$3,349/ac · +30.0% target margin

You need $37,620 off asking to hit this margin.

All-in cost$82,981
Net resale$123,133
Projected profit$40,152
ROI+48.4%
Annualized+69.3%
Break-even resale$3,949/ac
Profit if resale lands off target
-20%
$15,526
-10%
$27,839
0%
$40,152
+10%
$52,466
+20%
$64,779
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-424627
Paved · Off grid
18.6Jan 19, 2026$134,4007,2425,2607.6 mi
82
MN-765056
Paved · Power at road
25.3Jul 27, 2026$228,6009,0265,6879.9 mi
81
MN-613419
Dirt · Power at road
7.7Jul 27, 2026$56,8007,3365,6111.4 mi
80
MN-444612
Paved · Power at road
18.4Jul 27, 2026$217,40011,8437,1489.1 mi
79
MN-413529
Dirt · Off grid
8.4Dec 6, 2025$70,7008,4367,8370.6 mi
78
MN-994379
Dirt · Power at road
15.5Jan 22, 2025$73,3004,7264,0811.8 mi
74
MN-434560
Paved · Off grid
17.7Jan 5, 2025$166,6009,4267,0976.5 mi
72
MN-795831
Dirt · Power at road
44.4Apr 11, 2024$135,5003,0533,1815.1 mi
65
MN-953217
Landlocked · Off grid
6.7Jun 20, 2024$35,6005,3316,5423.5 mi
60
Show adjustment detail for the top comp
  • Tract size (18.56 ac → 22.84 ac)-2.7%
  • Access (Paved → Dirt)-27.1%
  • Market time (7 mo)+2.4%

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.