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Redwood County, MN · Sold

MN-565254

2975 County Road 190

$357,200
$12,220/ac · 29.23 ac
Acreage29.23 ac
Price per acre$12,220/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedJun 30, 2024
Coordinates44.4865, -95.2727
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

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands16.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.1%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

618 ft of deeded road frontage.

Power156 ft away

Power at or near the road.

Buildable area23.19 of 29.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$259,929
$202,810$317,047 · $8,893/ac on 29.23 ac
Asking vs estimate
+37.4%
Priced above the comp set

Weighted from 7 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 $357,200
Maximum allowable offer
$148,531
$5,081/ac · +30.0% target margin

You need $208,669 off asking to hit this margin.

All-in cost$161,156
Net resale$239,134
Projected profit$77,978
ROI+48.4%
Annualized+69.2%
Break-even resale$5,993/ac
Profit if resale lands off target
-20%
$30,151
-10%
$54,065
0%
$77,978
+10%
$101,892
+20%
$125,805
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-895177
Landlocked · Off grid
27.6Apr 17, 2026$191,3006,92012,0346.4 mi
86
MN-955612
Gravel · Off grid
37.9Feb 7, 2026$288,1007,6059,5495.2 mi
85
MN-655113
Gravel · Full utilities
26.4Jan 18, 2026$228,8008,6677,1622.9 mi
84
MN-885312
Landlocked · Off grid
30.5Jun 10, 2026$152,8005,0128,7979.0 mi
82
MN-644474
Gravel · Power at road
16.6Aug 2, 2025$116,4007,0056,7714.6 mi
73
MN-765700
Paved · Power at road
40.4Mar 5, 2025$461,40011,42610,8545.6 mi
72
MN-143704
Landlocked · Full utilities
9.5Jul 27, 2026$59,4006,2426,6254.7 mi
70
Show adjustment detail for the top comp
  • Tract size (27.65 ac → 29.23 ac)-0.9%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%
  • 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.