Pine County, MN · Sold

MN-479597

611 County Road 200

$1,282,600

$1,887/ac · 680 ac

Offer report Market this tract

Acreage680 ac

Price per acre$1,887/ac

ZoningRecreational

Road accessLandlocked

UtilitiesPower at road

TopographyWooded

ListedOct 23, 2023

Coordinates46.1968, -92.6638

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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

2 items to verify before you offer.

Risk index

Moderate risk

Wetlands10.2% of tract

Little to no mapped wetland coverage.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power223 ft away

Power at or near the road.

Buildable area579.77 of 679.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,334,672

$1,104,677 – $1,564,666 · $1,964/ac on 680 ac

Asking vs estimate

-3.9%

In line with the comp set

Weighted from 7 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 $1,282,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$762,670

$1,122/ac · +30.0% target margin

You need $519,930 off asking to hit this margin.

All-in cost$827,497

Net resale$1,227,898

Projected profit$400,401

ROI+48.4%

Annualized+69.2%

Break-even resale$1,324/ac

Profit if resale lands off target

-20%

$154,821

-10%

$277,611

$400,401

+10%

$523,191

+20%

$645,981

Comparable sales7 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	1,980	10.5 mi	81
MN-319112 Gravel · Power at road	478.3	May 22, 2025	$1,374,600	2,874	1,848	5.8 mi	77
MN-848934 Gravel · Off grid	420.4	Apr 3, 2025	$1,346,800	3,204	2,343	4.9 mi	68
MN-578931 Gravel · Off grid	419.5	Nov 27, 2025	$971,300	2,315	1,649	14.0 mi	67
MN-148272 Dirt · Off grid	260.3	Jul 14, 2026	$862,700	3,315	2,325	13.0 mi	66
MN-198866 Gravel · Full utilities	400.2	Jun 21, 2025	$1,090,100	2,724	1,356	11.5 mi	65
MN-107978 Paved · Off grid	210.3	Oct 28, 2025	$960,400	4,566	2,263	9.3 mi	60

Show adjustment detail for the top comp

Tract size (480.34 ac → 679.6 ac)-10.0%
Access (Paved → Landlocked)-42.4%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV