← New search
Renville County, MN · Sold

MN-137131

8440 County Road 5

$498,400
$4,377/ac · 114 ac
Acreage114 ac
Price per acre$4,377/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMar 18, 2024
Coordinates44.7796, -95.0189
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

4 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands40.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,653 ft of deeded road frontage.

Power10,820 ft away

A long utility run — price in solar/off-grid instead.

Buildable area64.91 of 113.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$465,403
$405,470$525,337 · $4,087/ac on 114 ac
Asking vs estimate
+7.1%
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 $498,400
Maximum allowable offer
$265,945
$2,336/ac · +30.0% target margin

You need $232,455 off asking to hit this margin.

All-in cost$288,550
Net resale$428,171
Projected profit$139,621
ROI+48.4%
Annualized+69.2%
Break-even resale$2,754/ac
Profit if resale lands off target
-20%
$53,986
-10%
$96,804
0%
$139,621
+10%
$182,438
+20%
$225,255
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-636338
Paved · Off grid
64.1May 27, 2026$472,0007,3624,7272.7 mi
78
MN-296353
Gravel · Off grid
64.8Jun 2, 2026$340,5005,2553,9884.0 mi
77
MN-446233
Dirt · Off grid
59.4Jul 27, 2026$302,1005,0854,37710.8 mi
76
MN-357601
Dirt · Full utilities
160.1Apr 6, 2025$795,6004,9714,00211.2 mi
74
MN-916077
Landlocked · Full utilities
53.1Feb 19, 2026$300,0005,6544,2641.0 mi
72
MN-296736
Gravel · Full utilities
85.5Jan 3, 2025$417,4004,8802,9116.0 mi
69
MN-668675
Paved · Full utilities
348.5Nov 24, 2024$2,006,1005,7574,2726.7 mi
58
Show adjustment detail for the top comp
  • Tract size (64.11 ac → 113.87 ac)-12.7%
  • Access (Paved → Dirt)-27.1%
  • Market time (3 mo)+0.9%

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.