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Otter Tail County, MN · Sold

MN-207505

8917 County Road 359

$372,300
$2,493/ac · 149 ac
Acreage149 ac
Price per acre$2,493/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedMar 27, 2025
Coordinates46.4448, -95.7580
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

Otter Tail County, Minnesota. Lake country cabin lots north, prime tillable ground south.

View Otter Tail market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
15
Low risk
Wetlands15.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,371 ft of deeded road frontage.

Power36 ft away

Power at or near the road.

Buildable area119.72 of 149.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$380,859
$280,073$481,644 · $2,551/ac on 149 ac
Asking vs estimate
-2.2%
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 $372,300
Maximum allowable offer
$217,633
$1,458/ac · +30.0% target margin

You need $154,667 off asking to hit this margin.

All-in cost$236,132
Net resale$350,390
Projected profit$114,258
ROI+48.4%
Annualized+69.3%
Break-even resale$1,719/ac
Profit if resale lands off target
-20%
$44,180
-10%
$79,219
0%
$114,258
+10%
$149,297
+20%
$184,336
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-648007
Gravel · Power at road
214.8Feb 26, 2026$807,0003,7573,6393.9 mi
78
MN-887643
Gravel · Off grid
165.0Dec 3, 2025$500,4003,0333,2446.6 mi
77
MN-397650
Landlocked · Full utilities
165.8Nov 24, 2025$319,1001,9242,1147.3 mi
77
MN-436784
Dirt · Full utilities
88.6Jun 20, 2025$326,4003,6862,7753.5 mi
72
MN-866258
Dirt · Power at road
60.5Feb 2, 2026$154,8002,5582,1016.3 mi
72
MN-225960
Dirt · Full utilities
48.8Jul 27, 2026$137,5002,8211,7816.9 mi
71
MN-238810
Gravel · Off grid
384.3Oct 4, 2025$909,3002,3663,2445.4 mi
69
MN-658467
Landlocked · Off grid
299.7Jul 6, 2024$292,2009751,9194.3 mi
67
MN-516059
Landlocked · Power at road
52.4Sep 28, 2024$91,7001,7511,8639.5 mi
58
Show adjustment detail for the top comp
  • Tract size (214.79 ac → 149.31 ac)+10.5%
  • Access (Gravel → Dirt)-14.0%
  • Market time (6 mo)+2.0%

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.