Pine County, MN · Sold

MN-599118

3991 County Road 328

$1,828,100

$3,806/ac · 480 ac

Offer report Market this tract

Acreage480 ac

Price per acre$3,806/ac

ZoningRecreational

Road accessPaved

UtilitiesOff grid

TopographyMixed

ListedMay 22, 2026

Coordinates46.0445, -92.6692

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

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

View Pine market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,046 ft away

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

Buildable area446.74 of 480.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,471,932

$1,192,567 – $1,751,298 · $3,064/ac on 480 ac

Asking vs estimate

+24.2%

Priced above 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 $1,828,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$841,104

$1,751/ac · +30.0% target margin

You need $986,996 off asking to hit this margin.

All-in cost$912,598

Net resale$1,354,178

Projected profit$441,580

ROI+48.4%

Annualized+69.2%

Break-even resale$2,065/ac

Profit if resale lands off target

-20%

$170,744

-10%

$306,162

$441,580

+10%

$576,998

+20%

$712,415

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MN-319112 Gravel · Power at road	478.3	May 22, 2025	$1,374,600	2,874	3,028	6.9 mi	81
MN-578931 Gravel · Off grid	419.5	Nov 27, 2025	$971,300	2,315	2,702	6.1 mi	79
MN-148272 Dirt · Off grid	260.3	Jul 14, 2026	$862,700	3,315	3,811	6.1 mi	77
MN-848934 Gravel · Off grid	420.4	Apr 3, 2025	$1,346,800	3,204	3,841	6.0 mi	75
MN-198866 Gravel · Full utilities	400.2	Jun 21, 2025	$1,090,100	2,724	2,223	9.8 mi	71
MN-107978 Paved · Off grid	210.3	Oct 28, 2025	$960,400	4,566	3,709	5.8 mi	71
MN-479597 Landlocked · Power at road	679.6	Jan 16, 2024	$1,072,300	1,578	2,867	10.5 mi	67
MN-787804 Paved · Off grid	185.4	Nov 6, 2024	$690,300	3,723	3,035	3.0 mi	66
MN-617659 Gravel · Off grid	166.9	Feb 11, 2025	$376,800	2,257	2,089	7.8 mi	60
MN-667479 Landlocked · Off grid	146.5	Apr 26, 2024	$339,600	2,318	3,141	4.6 mi	58

Show adjustment detail for the top comp

Access (Gravel → Paved)+18.0%
Utilities (Power at road → Off grid)-15.0%
Market time (15 mo)+5.2%

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