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Norman County, MN · Sold

MN-836899

8033 County Road 290

$473,800
$4,922/ac · 96.26 ac
Acreage96.26 ac
Price per acre$4,922/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedMar 24, 2024
Coordinates47.2485, -96.4859
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
31
Moderate risk
Wetlands20.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.3%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power201 ft away

Power at or near the road.

Buildable area72.88 of 96.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$422,733
$335,246$510,219 · $4,392/ac on 96.26 ac
Asking vs estimate
+12.1%
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 $473,800
Maximum allowable offer
$241,562
$2,509/ac · +30.0% target margin

You need $232,238 off asking to hit this margin.

All-in cost$262,095
Net resale$388,914
Projected profit$126,819
ROI+48.4%
Annualized+69.2%
Break-even resale$2,960/ac
Profit if resale lands off target
-20%
$49,036
-10%
$87,928
0%
$126,819
+10%
$165,711
+20%
$204,602
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-266694
Paved · Full utilities
83.0Jul 27, 2026$701,6008,4564,8862.9 mi
85
MN-627108
Gravel · Full utilities
112.0Jul 27, 2026$498,4004,4513,2652.3 mi
85
MN-227339
Gravel · Off grid
132.4Oct 7, 2025$713,3005,3886,1214.4 mi
74
MN-577670
Gravel · Off grid
168.3Sep 24, 2025$577,4003,4324,1625.9 mi
73
MN-537511
Dirt · Full utilities
150.0Jul 8, 2025$719,9004,8014,6127.5 mi
72
MN-357168
Dirt · Off grid
117.0Jun 15, 2024$404,7003,4604,6627.2 mi
71
MN-497498
Dirt · Off grid
148.6Apr 2, 2025$430,9002,9014,0326.2 mi
71
MN-417670
Gravel · Full utilities
168.3Dec 14, 2024$947,7005,6334,9092.9 mi
67
MN-795831
Dirt · Power at road
44.4Apr 11, 2024$135,5003,0532,83213.0 mi
65
Show adjustment detail for the top comp
  • Tract size (82.97 ac → 96.26 ac)-3.5%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Full utilities → Power at road)-18.0%

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.