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Redwood County, MN · Sold

MN-765700

3479 County Road 312

$457,700
$11,335/ac · 40.38 ac
Acreage40.38 ac
Price per acre$11,335/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedSep 27, 2024
Coordinates44.4128, -95.2258
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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

2 items to verify before you offer.

Risk index
16
Low risk
Wetlands11.6% of tract

Little to no mapped wetland coverage.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

607 ft of deeded road frontage.

Power35 ft away

Power at or near the road.

Buildable area33.91 of 40.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$396,124
$300,412$491,836 · $9,810/ac on 40.38 ac
Asking vs estimate
+15.5%
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 $457,700
Maximum allowable offer
$226,357
$5,606/ac · +30.0% target margin

You need $231,343 off asking to hit this margin.

All-in cost$245,597
Net resale$364,434
Projected profit$118,837
ROI+48.4%
Annualized+69.2%
Break-even resale$6,611/ac
Profit if resale lands off target
-20%
$45,950
-10%
$82,393
0%
$118,837
+10%
$155,280
+20%
$191,724
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-885312
Landlocked · Off grid
30.5Jun 10, 2026$152,8005,0129,8233.7 mi
85
MN-955612
Gravel · Off grid
37.9Feb 7, 2026$288,1007,60510,6636.5 mi
80
MN-895177
Landlocked · Off grid
27.6Apr 17, 2026$191,3006,92013,4385.5 mi
76
MN-565254
Gravel · Power at road
29.2Sep 4, 2025$311,50010,65612,3725.6 mi
74
MN-617012
Gravel · Off grid
104.5Jul 27, 2026$392,3003,7556,4281.5 mi
74
MN-655113
Gravel · Full utilities
26.4Jan 18, 2026$228,8008,6677,9975.5 mi
73
MN-644474
Gravel · Power at road
16.6Aug 2, 2025$116,4007,0057,5603.8 mi
68
Show adjustment detail for the top comp
  • Tract size (30.49 ac → 40.38 ac)-4.7%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.8%

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.