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Otter Tail County, MN · Sold

MN-397650

1244 County Road 5

$375,400
$2,264/ac · 166 ac
Acreage166 ac
Price per acre$2,264/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographySloped
ListedNov 4, 2024
Coordinates46.3534, -95.6818
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
38
Moderate risk
Wetlands0.9% of tract

Little to no mapped wetland coverage.

Average slope17.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area131.48 of 165.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$396,392
$292,340$500,443 · $2,390/ac on 166 ac
Asking vs estimate
-5.3%
Priced below 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 $375,400
Maximum allowable offer
$226,509
$1,366/ac · +30.0% target margin

You need $148,891 off asking to hit this margin.

All-in cost$245,762
Net resale$364,680
Projected profit$118,918
ROI+48.4%
Annualized+69.3%
Break-even resale$1,611/ac
Profit if resale lands off target
-20%
$45,982
-10%
$82,450
0%
$118,918
+10%
$155,386
+20%
$191,854
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-207505
Dirt · Power at road
149.3Mar 4, 2026$317,2002,1242,0307.3 mi
79
MN-887643
Gravel · Off grid
165.0Dec 3, 2025$500,4003,0333,04310.9 mi
77
MN-648007
Gravel · Power at road
214.8Feb 26, 2026$807,0003,7573,4136.9 mi
76
MN-436784
Dirt · Full utilities
88.6Jun 20, 2025$326,4003,6862,6023.8 mi
75
MN-225960
Dirt · Full utilities
48.8Jul 27, 2026$137,5002,8211,67011.2 mi
72
MN-238810
Gravel · Off grid
384.3Oct 4, 2025$909,3002,3663,0422.1 mi
69
MN-866258
Dirt · Power at road
60.5Feb 2, 2026$154,8002,5581,9713.2 mi
68
MN-516059
Landlocked · Power at road
52.4Sep 28, 2024$91,7001,7511,7473.8 mi
66
MN-658467
Landlocked · Off grid
299.7Jul 6, 2024$292,2009751,8009.4 mi
64
Show adjustment detail for the top comp
  • Tract size (149.31 ac → 165.84 ac)-2.8%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (5 mo)+1.9%

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.