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Otter Tail County, MN · Sold

MN-658467

904 County Road 164

$342,200
$1,142/ac · 300 ac
Acreage300 ac
Price per acre$1,142/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedFeb 15, 2024
Coordinates46.4286, -95.8455
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

4 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope22.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,730 ft away

A long utility run — price in solar/off-grid instead.

Buildable area174.81 of 299.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$475,793
$380,048$571,538 · $1,587/ac on 300 ac
Asking vs estimate
-28.1%
Priced below the comp set

Weighted from 6 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 $342,200
Maximum allowable offer
$271,882
$907/ac · +30.0% target margin

You need $70,318 off asking to hit this margin.

All-in cost$294,992
Net resale$437,730
Projected profit$142,738
ROI+48.4%
Annualized+69.2%
Break-even resale$1,070/ac
Profit if resale lands off target
-20%
$55,192
-10%
$98,965
0%
$142,738
+10%
$186,511
+20%
$230,284
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-238810
Gravel · Off grid
384.3Oct 4, 2025$909,3002,3661,7947.3 mi
80
MN-207505
Dirt · Power at road
149.3Mar 4, 2026$317,2002,1241,1974.3 mi
76
MN-648007
Gravel · Power at road
214.8Feb 26, 2026$807,0003,7572,0138.2 mi
74
MN-397650
Landlocked · Full utilities
165.8Nov 24, 2025$319,1001,9241,1699.4 mi
71
MN-887643
Gravel · Off grid
165.0Dec 3, 2025$500,4003,0331,79410.6 mi
69
MN-436784
Dirt · Full utilities
88.6Jun 20, 2025$326,4003,6861,5356.4 mi
60
Show adjustment detail for the top comp
  • Tract size (384.28 ac → 299.74 ac)+7.6%
  • Access (Gravel → Landlocked)-32.0%
  • Market time (10 mo)+3.6%

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.