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Renville County, MN · Sold

MN-279607

8550 County Road 164

$3,203,800
$4,680/ac · 685 ac
Acreage685 ac
Price per acre$4,680/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedDec 5, 2023
Coordinates44.6777, -94.8629
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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

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

View Renville market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands15.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power237 ft away

Power at or near the road.

Buildable area550.82 of 684.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,157,446
$2,273,361$4,041,531 · $4,613/ac on 685 ac
Asking vs estimate
+1.5%
In line with the comp set

Weighted from 5 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 $3,203,800
Maximum allowable offer
$1,804,255
$2,636/ac · +30.0% target margin

You need $1,399,545 off asking to hit this margin.

All-in cost$1,957,617
Net resale$2,904,851
Projected profit$947,234
ROI+48.4%
Annualized+69.2%
Break-even resale$3,108/ac
Profit if resale lands off target
-20%
$366,264
-10%
$656,749
0%
$947,234
+10%
$1,237,719
+20%
$1,528,204
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-329832
Gravel · Off grid
805.7Jan 19, 2026$2,031,1002,5213,7683.5 mi
79
MN-879784
Paved · Power at road
778.2May 11, 2025$2,985,1003,8364,20213.4 mi
74
MN-668675
Paved · Full utilities
348.5Nov 24, 2024$2,006,1005,7574,1294.8 mi
67
MN-239036
Gravel · Full utilities
452.6Oct 9, 2023$3,486,8007,7037,3596.2 mi
64
MN-357601
Dirt · Full utilities
160.1Apr 6, 2025$795,6004,9713,8681.1 mi
60
Show adjustment detail for the top comp
  • Tract size (805.72 ac → 684.54 ac)+5.1%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (7 mo)+2.4%

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.