← New search
Norman County, MN · Sold

MN-537511

7538 County Road 160

$747,600
$4,985/ac · 150 ac
Acreage150 ac
Price per acre$4,985/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedJun 5, 2024
Coordinates47.3097, -96.3530
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

3 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands34.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

2,180 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area93.60 of 149.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$730,497
$579,457$881,537 · $4,871/ac on 150 ac
Asking vs estimate
+2.3%
In line with 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 $747,600
Maximum allowable offer
$417,427
$2,784/ac · +30.0% target margin

You need $330,173 off asking to hit this margin.

All-in cost$452,908
Net resale$672,057
Projected profit$219,149
ROI+48.4%
Annualized+69.2%
Break-even resale$3,283/ac
Profit if resale lands off target
-20%
$84,738
-10%
$151,943
0%
$219,149
+10%
$286,355
+20%
$353,561
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-627108
Gravel · Full utilities
112.0Jul 27, 2026$498,4004,4513,5565.6 mi
87
MN-357168
Dirt · Off grid
117.0Jun 15, 2024$404,7003,4605,0780.4 mi
79
MN-577670
Gravel · Off grid
168.3Sep 24, 2025$577,4003,4324,5331.9 mi
79
MN-497498
Dirt · Off grid
148.6Apr 2, 2025$430,9002,9014,3925.3 mi
79
MN-266694
Paved · Full utilities
83.0Jul 27, 2026$701,6008,4565,3225.6 mi
78
MN-417670
Gravel · Full utilities
168.3Dec 14, 2024$947,7005,6335,3475.2 mi
75
MN-227339
Gravel · Off grid
132.4Oct 7, 2025$713,3005,3886,66710.2 mi
74
MN-836899
Dirt · Power at road
96.3Nov 22, 2024$473,8004,9225,7517.5 mi
69
MN-795831
Dirt · Power at road
44.4Apr 11, 2024$135,5003,0533,0847.7 mi
57
Show adjustment detail for the top comp
  • Tract size (111.99 ac → 149.96 ac)-7.3%
  • Access (Gravel → Dirt)-14.0%

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.