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Otter Tail County, MN · Sold

MN-725415

3235 County Road 138

$148,700
$4,527/ac · 32.85 ac
Acreage32.85 ac
Price per acre$4,527/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedOct 28, 2023
Coordinates46.5059, -95.6598
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
24
Low risk
Wetlands0.5% of tract

Little to no mapped wetland coverage.

Average slope18.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power236 ft away

Power at or near the road.

Buildable area26.15 of 32.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$116,025
$95,938$136,112 · $3,532/ac on 32.85 ac
Asking vs estimate
+28.2%
Priced above 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 $148,700
Maximum allowable offer
$66,300
$2,018/ac · +30.0% target margin

You need $82,400 off asking to hit this margin.

All-in cost$71,936
Net resale$106,743
Projected profit$34,807
ROI+48.4%
Annualized+69.2%
Break-even resale$2,380/ac
Profit if resale lands off target
-20%
$13,459
-10%
$24,133
0%
$34,807
+10%
$45,482
+20%
$56,156
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-225960
Dirt · Full utilities
48.8Jul 27, 2026$137,5002,8212,8970.7 mi
86
MN-866258
Dirt · Power at road
60.5Feb 2, 2026$154,8002,5583,4177.7 mi
72
MN-516059
Landlocked · Power at road
52.4Sep 28, 2024$91,7001,7513,02910.5 mi
69
MN-436784
Dirt · Full utilities
88.6Jun 20, 2025$326,4003,6864,5137.7 mi
66
MN-234528
Paved · Power at road
17.3Dec 20, 2024$84,4004,8874,0447.7 mi
65
Show adjustment detail for the top comp
  • Tract size (48.75 ac → 32.85 ac)+7.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.