Norman County, MN · Sold

MN-795831

5189 County Road 291

$164,300

$3,700/ac · 44.40 ac

Offer report Market this tract

Acreage44.40 ac

Price per acre$3,700/ac

ZoningUnzoned

Road accessDirt

UtilitiesPower at road

TopographySloped

ListedJan 30, 2024

Coordinates47.4200, -96.3707

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope12.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,435 ft of deeded road frontage.

Power165 ft away

Power at or near the road.

Buildable area33.96 of 44.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$245,961

$202,189 – $289,733 · $5,540/ac on 44.40 ac

Asking vs estimate

-33.2%

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 $164,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$140,549

$3,166/ac · +30.0% target margin

You need $23,751 off asking to hit this margin.

All-in cost$152,496

Net resale$226,284

Projected profit$73,789

ROI+48.4%

Annualized+69.3%

Break-even resale$3,733/ac

Profit if resale lands off target

-20%

$28,532

-10%

$51,160

$73,789

+10%

$96,417

+20%

$119,046

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MN-604913 Dirt · Off grid	22.8	Jul 27, 2026	$122,300	5,355	5,659	5.1 mi	78
MN-765056 Paved · Power at road	25.3	Jul 27, 2026	$228,600	9,026	5,997	14.9 mi	73
MN-266694 Paved · Full utilities	83.0	Jul 27, 2026	$701,600	8,456	5,787	12.3 mi	71
MN-444612 Paved · Power at road	18.4	Jul 27, 2026	$217,400	11,843	7,537	14.0 mi	69
MN-627108 Gravel · Full utilities	112.0	Jul 27, 2026	$498,400	4,451	3,867	10.7 mi	69
MN-836899 Dirt · Power at road	96.3	Nov 22, 2024	$473,800	4,922	6,253	13.0 mi	67
MN-994379 Dirt · Power at road	15.5	Jan 22, 2025	$73,300	4,726	4,303	5.0 mi	65
MN-424627 Paved · Off grid	18.6	Jan 19, 2026	$134,400	7,242	5,547	12.4 mi	63
MN-537511 Dirt · Full utilities	150.0	Jul 8, 2025	$719,900	4,801	5,463	7.7 mi	62
MN-497498 Dirt · Off grid	148.6	Apr 2, 2025	$430,900	2,901	4,776	7.1 mi	61

Show adjustment detail for the top comp

Tract size (22.84 ac → 44.4 ac)-10.4%
Utilities (Off grid → Power at road)+17.6%

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