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Polk County, MN · Sold

MN-915577

3049 County Road 147

$192,700
$5,217/ac · 36.94 ac
Acreage36.94 ac
Price per acre$5,217/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedDec 16, 2023
Coordinates47.8145, -96.4923
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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
25
Low risk
Wetlands17.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,236 ft of deeded road frontage.

Power5,696 ft away

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

Buildable area28.95 of 36.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$160,236
$123,652$196,820 · $4,338/ac on 36.94 ac
Asking vs estimate
+20.3%
Priced above 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 $192,700
Maximum allowable offer
$91,563
$2,479/ac · +30.0% target margin

You need $101,137 off asking to hit this margin.

All-in cost$99,346
Net resale$147,417
Projected profit$48,071
ROI+48.4%
Annualized+69.3%
Break-even resale$2,923/ac
Profit if resale lands off target
-20%
$18,588
-10%
$33,330
0%
$48,071
+10%
$62,813
+20%
$77,555
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-595993
Dirt · Full utilities
49.9Jul 14, 2026$315,8006,3255,4445.4 mi
80
MN-255073
Gravel · Off grid
25.6Mar 9, 2026$106,4004,1493,9837.3 mi
79
MN-966125
Dirt · Off grid
54.9Jul 20, 2025$123,1002,2402,9388.8 mi
70
MN-556200
Landlocked · Off grid
58.0Sep 19, 2025$113,3001,9533,25510.2 mi
70
MN-676033
Gravel · Off grid
51.4Jul 8, 2024$218,9004,2584,9349.8 mi
69
MN-704208
Gravel · Power at road
13.7May 31, 2026$98,7007,2085,39210.3 mi
69
Show adjustment detail for the top comp
  • Tract size (49.93 ac → 36.94 ac)+5.8%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (1 mo)+0.4%

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.