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Polk County, MN · Sold

MN-598292

5711 County Road 382

$656,400
$2,486/ac · 264 ac
Acreage264 ac
Price per acre$2,486/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedJan 17, 2025
Coordinates47.7631, -96.3096
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
20
Low risk
Wetlands7.2% of tract

Little to no mapped wetland coverage.

Average slope10.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,998 ft of deeded road frontage.

Power12,346 ft away

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

Buildable area232.79 of 264.05 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$607,989
$437,752$778,227 · $2,303/ac on 264 ac
Asking vs estimate
+8.0%
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 $656,400
Maximum allowable offer
$347,423
$1,316/ac · +30.0% target margin

You need $308,977 off asking to hit this margin.

All-in cost$376,954
Net resale$559,350
Projected profit$182,396
ROI+48.4%
Annualized+69.2%
Break-even resale$1,552/ac
Profit if resale lands off target
-20%
$70,526
-10%
$126,461
0%
$182,396
+10%
$238,331
+20%
$294,266
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-717963
Landlocked · Off grid
208.1Jul 27, 2026$515,4002,4772,9358.6 mi
86
MN-408044
Dirt · Off grid
220.6Nov 21, 2025$332,0001,5051,4742.7 mi
83
MN-977641
Dirt · Power at road
164.8Jun 2, 2025$424,0002,5732,01410.8 mi
73
MN-398591
Gravel · Off grid
327.9Feb 26, 2025$1,124,1003,4283,3338.9 mi
72
MN-157490
Landlocked · Off grid
147.7Oct 15, 2024$219,0001,4831,7195.2 mi
66
Show adjustment detail for the top comp
  • Tract size (208.05 ac → 264.05 ac)-6.5%
  • Access (Landlocked → Dirt)+26.5%

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.