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Roseau County, MN · Sold

MN-203166

8511 County Road 232

$19,900
$3,090/ac · 6.44 ac
Acreage6.44 ac
Price per acre$3,090/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedApr 3, 2024
Coordinates48.7936, -95.7957
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

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

View Roseau market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands17.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power183 ft away

Power at or near the road.

Buildable area5.04 of 6.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$26,098
$21,515$30,680 · $4,052/ac on 6.44 ac
Asking vs estimate
-23.7%
Priced below the comp set

Weighted from 9 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 $19,900
Maximum allowable offer
$14,913
$2,316/ac · +30.0% target margin

You need $4,987 off asking to hit this margin.

All-in cost$16,181
Net resale$24,010
Projected profit$7,829
ROI+48.4%
Annualized+69.2%
Break-even resale$2,731/ac
Profit if resale lands off target
-20%
$3,027
-10%
$5,428
0%
$7,829
+10%
$10,230
+20%
$12,631
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-733226
Landlocked · Full utilities
6.7Jul 27, 2026$32,2004,7833,9396.5 mi
87
MN-434375
Dirt · Power at road
15.5Jul 27, 2026$75,1004,8604,1345.8 mi
78
MN-753694
Paved · Full utilities
9.4Oct 2, 2025$56,7006,0043,0153.9 mi
78
MN-873328
Paved · Off grid
7.2Sep 20, 2024$46,0006,3534,6843.0 mi
74
MN-163653
Dirt · Off grid
9.2Sep 28, 2025$38,0004,1494,0963.7 mi
74
MN-253352
Paved · Power at road
7.4Jul 4, 2024$63,2008,5775,4256.5 mi
72
MN-384667
Dirt · Power at road
19.1Jul 27, 2026$65,6003,4332,9936.6 mi
71
MN-412313
Paved · Full utilities
3.5Mar 1, 2025$30,8008,8864,3351.9 mi
68
MN-161461
Paved · Off grid
1.9Apr 22, 2026$11,1005,9513,9168.3 mi
64
Show adjustment detail for the top comp
  • Utilities (Full utilities → Power at road)-18.0%

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.