Norman County, MN · Sold

MN-994379

1514 County Road 272

$81,900

$5,280/ac · 15.51 ac

Offer report Market this tract

Acreage15.51 ac

Price per acre$5,280/ac

ZoningAgricultural

Road accessDirt

UtilitiesPower at road

TopographyRolling

ListedDec 13, 2024

Coordinates47.3477, -96.3860

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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

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

969 ft of deeded road frontage.

Power19 ft away

Power at or near the road.

Buildable area14.03 of 15.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$111,266

$87,374 – $135,157 · $7,174/ac on 15.51 ac

Asking vs estimate

-26.4%

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 $81,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$63,580

$4,099/ac · +30.0% target margin

You need $18,320 off asking to hit this margin.

All-in cost$68,984

Net resale$102,364

Projected profit$33,380

ROI+48.4%

Annualized+69.3%

Break-even resale$4,834/ac

Profit if resale lands off target

-20%

$12,907

-10%

$23,144

$33,380

+10%

$43,616

+20%

$53,853

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	6,623	1.8 mi	84
MN-444612 Paved · Power at road	18.4	Jul 27, 2026	$217,400	11,843	8,821	10.2 mi	82
MN-613419 Dirt · Power at road	7.7	Jul 27, 2026	$56,800	7,336	6,925	1.7 mi	81
MN-424627 Paved · Off grid	18.6	Jan 19, 2026	$134,400	7,242	6,492	7.3 mi	76
MN-765056 Paved · Power at road	25.3	Jul 27, 2026	$228,600	9,026	7,018	10.9 mi	76
MN-413529 Dirt · Off grid	8.4	Dec 6, 2025	$70,700	8,436	9,671	1.8 mi	75
MN-434560 Paved · Off grid	17.7	Jan 5, 2025	$166,600	9,426	8,758	5.4 mi	73
MN-153089 Gravel · Off grid	6.1	Sep 13, 2025	$45,000	7,382	7,203	5.6 mi	69
MN-762964 Dirt · Off grid	5.6	Jan 16, 2026	$27,800	5,001	5,569	7.6 mi	67
MN-795831 Dirt · Power at road	44.4	Apr 11, 2024	$135,500	3,053	3,925	5.0 mi	62

Show adjustment detail for the top comp

Tract size (22.84 ac → 15.51 ac)+4.9%
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