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Polk County, MN · Sold

MN-302789

5044 County Road 23

$24,300
$4,959/ac · 4.90 ac
Acreage4.90 ac
Price per acre$4,959/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedDec 22, 2023
Coordinates47.6772, -96.3033
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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

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

View Polk market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands14.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

524 ft of deeded road frontage.

Power6,326 ft away

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

Buildable area3.97 of 4.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$29,880
$24,190$35,569 · $6,098/ac on 4.90 ac
Asking vs estimate
-18.7%
Priced below 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 $24,300
Maximum allowable offer
$17,074
$3,485/ac · +30.0% target margin

You need $7,226 off asking to hit this margin.

All-in cost$18,525
Net resale$27,489
Projected profit$8,964
ROI+48.4%
Annualized+69.3%
Break-even resale$4,109/ac
Profit if resale lands off target
-20%
$3,466
-10%
$6,215
0%
$8,964
+10%
$11,713
+20%
$14,462
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-163032
Paved · Off grid
5.8Jul 27, 2026$38,8006,6245,67510.3 mi
81
MN-662569
Paved · Power at road
4.2Jul 26, 2025$33,6008,0376,00612.7 mi
71
MN-572837
Dirt · Off grid
5.1Mar 23, 2024$28,3005,5707,14112.9 mi
70
MN-901476
Dirt · Off grid
1.9Jul 27, 2026$6,5003,4213,87311.5 mi
70
MN-704208
Gravel · Power at road
13.7May 31, 2026$98,7007,2086,64110.8 mi
68
MN-763366
Dirt · Full utilities
7.5Nov 14, 2024$62,2008,3477,4269.3 mi
65
Show adjustment detail for the top comp
  • Tract size (5.85 ac → 4.9 ac)+0.9%
  • 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.