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Renville County, MN · Sold

MN-668675

2428 County Road 361

$2,057,500
$5,904/ac · 348 ac
Acreage348 ac
Price per acre$5,904/ac
ZoningUnzoned
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedDec 12, 2023
Coordinates44.6921, -94.9592
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

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

View Renville market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands0.4% of tract

Little to no mapped wetland coverage.

Average slope7.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,896 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area329.73 of 348.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,497,182
$1,829,605$3,164,758 · $7,166/ac on 348 ac
Asking vs estimate
-17.6%
Priced below the comp set

Weighted from 6 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 $2,057,500
Maximum allowable offer
$1,426,961
$4,095/ac · +30.0% target margin

You need $630,539 off asking to hit this margin.

All-in cost$1,548,253
Net resale$2,297,407
Projected profit$749,154
ROI+48.4%
Annualized+69.2%
Break-even resale$4,829/ac
Profit if resale lands off target
-20%
$289,673
-10%
$519,414
0%
$749,154
+10%
$978,895
+20%
$1,208,636
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-329832
Gravel · Off grid
805.7Jan 19, 2026$2,031,1002,5215,6333.1 mi
69
MN-239036
Gravel · Full utilities
452.6Oct 9, 2023$3,486,8007,70311,0034.3 mi
69
MN-879784
Paved · Power at road
778.2May 11, 2025$2,985,1003,8366,2829.7 mi
69
MN-279607
Paved · Power at road
684.5Nov 9, 2024$3,383,2004,9427,9374.8 mi
67
MN-357601
Dirt · Full utilities
160.1Apr 6, 2025$795,6004,9715,7845.9 mi
65
MN-137131
Dirt · Off grid
113.9Apr 5, 2025$458,0004,0226,1466.7 mi
59
Show adjustment detail for the top comp
  • Tract size (805.72 ac → 348.48 ac)+28.9%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.