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Polk County, MN · Sold

MN-398591

777 County Road 1

$1,325,600
$4,043/ac · 328 ac
Acreage328 ac
Price per acre$4,043/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedDec 12, 2024
Coordinates47.7054, -96.4797
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

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

View Polk market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands8.1% of tract

Little to no mapped wetland coverage.

Average slope10.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,109 ft of deeded road frontage.

Power5,108 ft away

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

Buildable area286.28 of 327.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$771,992
$578,463$965,522 · $2,354/ac on 328 ac
Asking vs estimate
+71.7%
Priced above the comp set

Weighted from 5 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 $1,325,600
Maximum allowable offer
$441,138
$1,345/ac · +30.0% target margin

You need $884,462 off asking to hit this margin.

All-in cost$478,635
Net resale$710,233
Projected profit$231,598
ROI+48.4%
Annualized+69.3%
Break-even resale$1,587/ac
Profit if resale lands off target
-20%
$89,552
-10%
$160,575
0%
$231,598
+10%
$302,621
+20%
$373,645
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-598292
Dirt · Off grid
264.1Jan 6, 2026$652,5002,4712,7678.9 mi
77
MN-717963
Landlocked · Off grid
208.1Jul 27, 2026$515,4002,4773,20513.4 mi
75
MN-408044
Dirt · Off grid
220.6Nov 21, 2025$332,0001,5051,6096.8 mi
74
MN-977641
Dirt · Power at road
164.8Jun 2, 2025$424,0002,5732,1992.0 mi
68
MN-157490
Landlocked · Off grid
147.7Oct 15, 2024$219,0001,4831,8776.0 mi
63
Show adjustment detail for the top comp
  • Tract size (264.05 ac → 327.91 ac)-6.1%
  • Access (Dirt → Gravel)+16.3%
  • Market time (7 mo)+2.5%

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.