← New search
Polk County, MN · Sold

MN-662569

8723 County Road 123

$33,000
$7,895/ac · 4.18 ac
Acreage4.18 ac
Price per acre$7,895/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJan 1, 2025
Coordinates47.8612, -96.3060
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

No material red flags on the mapped layers.

Risk index
9
Low risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

374 ft of deeded road frontage.

Power250 ft away

Power at or near the road.

Buildable area3.70 of 4.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$35,047
$27,922$42,172 · $8,384/ac on 4.18 ac
Asking vs estimate
-5.8%
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 $33,000
Maximum allowable offer
$20,027
$4,791/ac · +30.0% target margin

You need $12,973 off asking to hit this margin.

All-in cost$21,729
Net resale$32,243
Projected profit$10,514
ROI+48.4%
Annualized+69.2%
Break-even resale$5,650/ac
Profit if resale lands off target
-20%
$4,065
-10%
$7,290
0%
$10,514
+10%
$13,738
+20%
$16,963
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-901476
Dirt · Off grid
1.9Jul 27, 2026$6,5003,4215,4131.3 mi
80
MN-163032
Paved · Off grid
5.8Jul 27, 2026$38,8006,6247,93016.0 mi
76
MN-572837
Dirt · Off grid
5.1Mar 23, 2024$28,3005,5709,9807.0 mi
68
MN-763366
Dirt · Full utilities
7.5Nov 14, 2024$62,2008,34710,3783.5 mi
66
MN-302789
Gravel · Off grid
4.9May 25, 2024$25,8005,2628,04112.7 mi
66
MN-704208
Gravel · Power at road
13.7May 31, 2026$98,7007,2089,28117.0 mi
63
Show adjustment detail for the top comp
  • Tract size (1.89 ac → 4.18 ac)-2.2%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Power at road)+17.6%

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.