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Roseau County, MN · Sold

MN-498399

1491 County Road 360

$962,600
$3,374/ac · 285 ac
Acreage285 ac
Price per acre$3,374/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedMar 4, 2024
Coordinates48.7218, -95.8048
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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

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

View Roseau market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
26
Low risk
Wetlands6.1% of tract

Little to no mapped wetland coverage.

Average slope25.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,348 ft of deeded road frontage.

Power137 ft away

Power at or near the road.

Buildable area160.75 of 285.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$721,447
$593,775$849,119 · $2,528/ac on 285 ac
Asking vs estimate
+33.4%
Priced above 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 $962,600
Maximum allowable offer
$412,255
$1,445/ac · +30.0% target margin

You need $550,345 off asking to hit this margin.

All-in cost$447,297
Net resale$663,731
Projected profit$216,435
ROI+48.4%
Annualized+69.3%
Break-even resale$1,704/ac
Profit if resale lands off target
-20%
$83,688
-10%
$150,061
0%
$216,435
+10%
$282,808
+20%
$349,181
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-378756
Paved · Off grid
369.5Jun 22, 2026$763,2002,0652,2354.5 mi
80
MN-298508
Landlocked · Full utilities
308.8Jun 8, 2025$606,0001,9632,5425.7 mi
80
MN-477429
Dirt · Off grid
141.3Nov 1, 2025$424,4003,0033,4925.3 mi
73
MN-577095
Landlocked · Full utilities
110.9Jul 27, 2026$286,6002,5832,4126.8 mi
70
MN-576688
Landlocked · Power at road
82.6Jan 10, 2026$174,6002,1142,2923.9 mi
67
MN-839270
Landlocked · Power at road
536.3May 19, 2024$600,7001,1202,1743.4 mi
66
Show adjustment detail for the top comp
  • Tract size (369.54 ac → 285.33 ac)+7.9%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.6%

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.