← New search
Redwood County, MN · Sold

MN-655113

7196 County Road 40

$263,600
$9,985/ac · 26.40 ac
Acreage26.40 ac
Price per acre$9,985/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedApr 14, 2025
Coordinates44.4581, -95.3165
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

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

View Redwood market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,099 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area23.42 of 26.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$314,044
$252,264$375,824 · $11,896/ac on 26.40 ac
Asking vs estimate
-16.1%
Priced below the comp set

Weighted from 8 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 $263,600
Maximum allowable offer
$179,454
$6,797/ac · +30.0% target margin

You need $84,146 off asking to hit this margin.

All-in cost$194,708
Net resale$288,920
Projected profit$94,213
ROI+48.4%
Annualized+69.2%
Break-even resale$8,017/ac
Profit if resale lands off target
-20%
$36,429
-10%
$65,321
0%
$94,213
+10%
$123,105
+20%
$151,997
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-895177
Landlocked · Off grid
27.6Apr 17, 2026$191,3006,92014,9143.7 mi
84
MN-565254
Gravel · Power at road
29.2Sep 4, 2025$311,50010,65613,7312.9 mi
81
MN-955612
Gravel · Off grid
37.9Feb 7, 2026$288,1007,60511,8352.3 mi
80
MN-885312
Landlocked · Off grid
30.5Jun 10, 2026$152,8005,01210,9029.1 mi
80
MN-644474
Gravel · Power at road
16.6Aug 2, 2025$116,4007,0058,3912.5 mi
74
MN-143704
Landlocked · Full utilities
9.5Jul 27, 2026$59,4006,2428,2105.7 mi
72
MN-673434
Landlocked · Full utilities
7.8Feb 27, 2026$79,40010,15813,4013.3 mi
68
MN-765700
Paved · Power at road
40.4Mar 5, 2025$461,40011,42613,4525.5 mi
68
Show adjustment detail for the top comp
  • Tract size (27.65 ac → 26.4 ac)+0.7%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (4 mo)+1.4%

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.