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Otter Tail County, MN · Sold

MN-648007

8988 County Road 62

$750,000
$3,492/ac · 215 ac
Acreage215 ac
Price per acre$3,492/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedMay 5, 2025
Coordinates46.4526, -95.6773
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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
25
Low risk
Wetlands14.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power157 ft away

Power at or near the road.

Buildable area175.28 of 214.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$584,505
$462,033$706,978 · $2,721/ac on 215 ac
Asking vs estimate
+28.3%
Priced above 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 $750,000
Maximum allowable offer
$334,003
$1,555/ac · +30.0% target margin

You need $415,997 off asking to hit this margin.

All-in cost$362,393
Net resale$537,745
Projected profit$175,351
ROI+48.4%
Annualized+69.2%
Break-even resale$1,834/ac
Profit if resale lands off target
-20%
$67,803
-10%
$121,577
0%
$175,351
+10%
$229,126
+20%
$282,900
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-887643
Gravel · Off grid
165.0Dec 3, 2025$500,4003,0333,4154.0 mi
79
MN-207505
Dirt · Power at road
149.3Mar 4, 2026$317,2002,1242,2783.9 mi
78
MN-397650
Landlocked · Full utilities
165.8Nov 24, 2025$319,1001,9242,2256.9 mi
74
MN-238810
Gravel · Off grid
384.3Oct 4, 2025$909,3002,3663,4145.9 mi
71
MN-658467
Landlocked · Off grid
299.7Jul 6, 2024$292,2009752,0208.2 mi
65
MN-436784
Dirt · Full utilities
88.6Jun 20, 2025$326,4003,6862,9214.0 mi
64
Show adjustment detail for the top comp
  • Tract size (165.01 ac → 214.79 ac)-7.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (8 mo)+2.9%

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.