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Polk County, MN · Sold

MN-163032

1507 County Road 8

$46,800
$8,000/ac · 5.85 ac
Acreage5.85 ac
Price per acre$8,000/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedApr 6, 2026
Coordinates47.6810, -96.5240
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
13
Low risk
Wetlands1.9% of tract

Little to no mapped wetland coverage.

Average slope11.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

468 ft of deeded road frontage.

Power4,660 ft away

Service extension needed; get a utility quote.

Buildable area5.45 of 5.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$42,108
$34,228$49,988 · $7,198/ac on 5.85 ac
Asking vs estimate
+11.1%
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 $46,800
Maximum allowable offer
$24,062
$4,113/ac · +30.0% target margin

You need $22,738 off asking to hit this margin.

All-in cost$26,107
Net resale$38,739
Projected profit$12,632
ROI+48.4%
Annualized+69.2%
Break-even resale$4,851/ac
Profit if resale lands off target
-20%
$4,884
-10%
$8,758
0%
$12,632
+10%
$16,506
+20%
$20,380
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-704208
Gravel · Power at road
13.7May 31, 2026$98,7007,2087,7701.0 mi
74
MN-302789
Gravel · Off grid
4.9May 25, 2024$25,8005,2626,73110.3 mi
69
MN-662569
Paved · Power at road
4.2Jul 26, 2025$33,6008,0377,02616.0 mi
69
MN-572837
Dirt · Off grid
5.1Mar 23, 2024$28,3005,5708,35511.1 mi
68
MN-901476
Dirt · Off grid
1.9Jul 27, 2026$6,5003,4214,53115.5 mi
66
MN-763366
Dirt · Full utilities
7.5Nov 14, 2024$62,2008,3478,68713.0 mi
66
Show adjustment detail for the top comp
  • Tract size (13.7 ac → 5.85 ac)+6.5%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+0.9%

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.