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Norman County, MN · Sold

MN-762964

4015 County Road 47

$28,000
$5,036/ac · 5.56 ac
Acreage5.56 ac
Price per acre$5,036/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedJan 5, 2025
Coordinates47.3554, -96.5486
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

5 items to verify before you offer.

Risk index
27
Low risk
Wetlands13.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,920 ft away

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

Buildable area4.60 of 5.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$35,238
$27,408$43,067 · $6,338/ac on 5.56 ac
Asking vs estimate
-20.5%
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 $28,000
Maximum allowable offer
$20,136
$3,622/ac · +30.0% target margin

You need $7,864 off asking to hit this margin.

All-in cost$21,848
Net resale$32,419
Projected profit$10,571
ROI+48.4%
Annualized+69.2%
Break-even resale$4,271/ac
Profit if resale lands off target
-20%
$4,087
-10%
$7,329
0%
$10,571
+10%
$13,813
+20%
$17,055
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-613419
Dirt · Power at road
7.7Jul 27, 2026$56,8007,3366,3696.3 mi
82
MN-153089
Gravel · Off grid
6.1Sep 13, 2025$45,0007,3826,6252.0 mi
81
MN-772638
Landlocked · Full utilities
4.4Jul 27, 2026$30,2006,8806,0117.9 mi
80
MN-413529
Dirt · Off grid
8.4Dec 6, 2025$70,7008,4368,8956.2 mi
78
MN-831635
Dirt · Power at road
2.1Jul 27, 2026$12,7005,9794,93011.4 mi
75
MN-941631
Landlocked · Full utilities
2.1Jul 27, 2026$11,7005,5184,7178.6 mi
74
MN-602493
Dirt · Power at road
4.0Sep 1, 2025$19,5004,9294,2948.9 mi
73
MN-953217
Landlocked · Off grid
6.7Jun 20, 2024$35,6005,3317,4266.1 mi
72
MN-444612
Paved · Power at road
18.4Jul 27, 2026$217,40011,8438,1135.9 mi
68
MN-424627
Paved · Off grid
18.6Jan 19, 2026$134,4007,2425,9719.6 mi
64
Show adjustment detail for the top comp
  • Tract size (7.74 ac → 5.56 ac)+1.9%
  • 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.