MN-589644
587 County Road 151
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Norman County, Minnesota. Lake country cabin lots north, prime tillable ground south.
View Norman market data →Step 1 · Is this a deal?
5 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
No legal access of record — resale is severely limited.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $579,596 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| MN-589789 Landlocked · Power at road | 781.0 | Jan 20, 2026 | $1,162,000 | 1,488 | 1,337 | 2.1 mi | 84 |
| MN-119264 Gravel · Off grid | 533.9 | Nov 24, 2025 | $1,388,000 | 2,600 | 1,675 | 1.8 mi | 79 |
| MN-629945 Dirt · Power at road | 874.5 | Mar 7, 2025 | $1,627,700 | 1,861 | 1,419 | 6.1 mi | 72 |
| MN-497498 Dirt · Off grid | 148.6 | Apr 2, 2025 | $430,900 | 2,901 | 1,544 | 6.2 mi | 63 |
| MN-227339 Gravel · Off grid | 132.4 | Oct 7, 2025 | $713,300 | 5,388 | 2,343 | 7.6 mi | 59 |
| MN-577670 Gravel · Off grid | 168.3 | Sep 24, 2025 | $577,400 | 3,432 | 1,593 | 11.5 mi | 58 |
| MN-537511 Dirt · Full utilities | 150.0 | Jul 8, 2025 | $719,900 | 4,801 | 1,766 | 11.3 mi | 54 |
| MN-417670 Gravel · Full utilities | 168.3 | Dec 14, 2024 | $947,700 | 5,633 | 1,879 | 8.8 mi | 54 |
Show adjustment detail for the top comp
- Tract size (781.01 ac → 703.14 ac)+3.3%
- Utilities (Power at road → Off grid)-15.0%
- 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.