Pine County, MN · Sold

MN-578931

1794 County Road 261

$976,200

$2,327/ac · 419 ac

Offer report Market this tract

Acreage419 ac

Price per acre$2,327/ac

ZoningUnzoned

Road accessGravel

UtilitiesOff grid

TopographySloped

ListedDec 14, 2024

Coordinates46.0127, -92.7871

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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

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

View Pine market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope18.3%

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.

Power14,572 ft away

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

Buildable area326.87 of 419.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,197,183

$937,076 – $1,457,289 · $2,854/ac on 419 ac

Asking vs estimate

-18.5%

Priced below the comp set

Weighted from 10 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 $976,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$684,104

$1,631/ac · +30.0% target margin

You need $292,096 off asking to hit this margin.

All-in cost$742,253

Net resale$1,101,408

Projected profit$359,155

ROI+48.4%

Annualized+69.2%

Break-even resale$1,923/ac

Profit if resale lands off target

-20%

$138,874

-10%

$249,014

$359,155

+10%

$469,296

+20%

$579,437

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MN-599118 Paved · Off grid	480.3	Jul 27, 2026	$1,555,700	3,239	2,865	6.1 mi	85
MN-148272 Dirt · Off grid	260.3	Jul 14, 2026	$862,700	3,315	3,363	1.4 mi	82
MN-198866 Gravel · Full utilities	400.2	Jun 21, 2025	$1,090,100	2,724	1,962	6.8 mi	79
MN-848934 Gravel · Off grid	420.4	Apr 3, 2025	$1,346,800	3,204	3,390	9.2 mi	79
MN-319112 Gravel · Power at road	478.3	May 22, 2025	$1,374,600	2,874	2,673	8.5 mi	75
MN-617659 Gravel · Off grid	166.9	Feb 11, 2025	$376,800	2,257	1,843	6.8 mi	70
MN-107978 Paved · Off grid	210.3	Oct 28, 2025	$960,400	4,566	3,273	5.1 mi	70
MN-787804 Paved · Off grid	185.4	Nov 6, 2024	$690,300	3,723	2,679	4.0 mi	69
MN-927340 Paved · Off grid	132.5	Aug 11, 2025	$824,300	6,221	3,969	5.3 mi	64
MN-479597 Landlocked · Power at road	679.6	Jan 16, 2024	$1,072,300	1,578	2,530	14.0 mi	59

Show adjustment detail for the top comp

Tract size (480.34 ac → 419.49 ac)+4.1%
Access (Paved → Gravel)-15.3%

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.

Build the listing kit Post a deal or JV