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Redwood County, MN · Sold

MN-393140

2785 County Road 228

$60,600
$9,589/ac · 6.32 ac
Acreage6.32 ac
Price per acre$9,589/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJan 19, 2024
Coordinates44.4054, -95.1683
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
6
Low risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope8.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

207 ft of deeded road frontage.

Power170 ft away

Power at or near the road.

Buildable area5.88 of 6.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$65,002
$52,668$77,336 · $10,285/ac on 6.32 ac
Asking vs estimate
-6.8%
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 $60,600
Maximum allowable offer
$37,144
$5,877/ac · +30.0% target margin

You need $23,456 off asking to hit this margin.

All-in cost$40,301
Net resale$59,802
Projected profit$19,500
ROI+48.4%
Annualized+69.2%
Break-even resale$6,931/ac
Profit if resale lands off target
-20%
$7,540
-10%
$13,520
0%
$19,500
+10%
$25,481
+20%
$31,461
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-143704
Landlocked · Full utilities
9.5Jul 27, 2026$59,4006,2427,7473.0 mi
85
MN-663110
Dirt · Off grid
6.2May 28, 2025$42,6006,8769,8764.6 mi
82
MN-673434
Landlocked · Full utilities
7.8Feb 27, 2026$79,40010,15812,6465.6 mi
78
MN-952441
Dirt · Off grid
3.8Jul 27, 2026$27,9007,3169,8037.1 mi
76
MN-644474
Gravel · Power at road
16.6Aug 2, 2025$116,4007,0057,9186.7 mi
67
MN-422896
Dirt · Power at road
5.3Nov 26, 2023$56,30010,62613,64311.1 mi
67
MN-702238
Paved · Off grid
3.3Nov 25, 2024$31,7009,62810,0119.9 mi
61
MN-821821
Dirt · Off grid
2.4Apr 17, 2024$18,7007,68811,1363.7 mi
59
Show adjustment detail for the top comp
  • Tract size (9.51 ac → 6.32 ac)+2.7%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Power at road)-18.0%

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.