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Norman County, MN · Sold

MN-629945

7120 County Road 60

$1,847,600
$2,113/ac · 874 ac
Acreage874 ac
Price per acre$2,113/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedJun 11, 2024
Coordinates47.3950, -96.4328
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
19
Low risk
Wetlands12.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.5%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,804 ft of deeded road frontage.

Power100 ft away

Power at or near the road.

Buildable area730.22 of 874.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,992,355
$1,751,169$2,233,542 · $2,278/ac on 874 ac
Asking vs estimate
-7.3%
Priced below the comp set

Weighted from 5 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 $1,847,600
Maximum allowable offer
$1,138,489
$1,302/ac · +30.0% target margin

You need $709,111 off asking to hit this margin.

All-in cost$1,235,261
Net resale$1,832,967
Projected profit$597,706
ROI+48.4%
Annualized+69.2%
Break-even resale$1,535/ac
Profit if resale lands off target
-20%
$231,113
-10%
$414,410
0%
$597,706
+10%
$781,003
+20%
$964,300
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-589789
Landlocked · Power at road
781.0Jan 20, 2026$1,162,0001,4881,8614.0 mi
86
MN-119264
Gravel · Off grid
533.9Nov 24, 2025$1,388,0002,6002,3304.3 mi
72
MN-589644
Landlocked · Off grid
703.1Jan 29, 2025$1,203,0001,7112,5356.1 mi
71
MN-577670
Gravel · Off grid
168.3Sep 24, 2025$577,4003,4322,2168.1 mi
61
MN-417670
Gravel · Full utilities
168.3Dec 14, 2024$947,7005,6332,6147.7 mi
53
Show adjustment detail for the top comp
  • Tract size (781.01 ac → 874.46 ac)-3.4%
  • Access (Landlocked → Dirt)+26.5%
  • 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.