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Roseau County, MN · Sold

MN-298508

2394 County Road 353

$732,800
$2,373/ac · 309 ac
Acreage309 ac
Price per acre$2,373/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedJul 27, 2024
Coordinates48.6934, -95.9232
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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

4 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands12.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.2%

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.

PowerOn site

Power at or near the road.

Buildable area256.67 of 308.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$717,843
$531,200$904,486 · $2,325/ac on 309 ac
Asking vs estimate
+2.1%
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 $732,800
Maximum allowable offer
$410,196
$1,328/ac · +30.0% target margin

You need $322,604 off asking to hit this margin.

All-in cost$445,063
Net resale$660,416
Projected profit$215,353
ROI+48.4%
Annualized+69.2%
Break-even resale$1,567/ac
Profit if resale lands off target
-20%
$83,270
-10%
$149,311
0%
$215,353
+10%
$281,394
+20%
$347,436
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-378756
Paved · Off grid
369.5Jun 22, 2026$763,2002,0651,8128.0 mi
80
MN-498399
Gravel · Power at road
285.3Apr 16, 2024$1,037,7003,6373,2385.7 mi
75
MN-577095
Landlocked · Full utilities
110.9Jul 27, 2026$286,6002,5831,95512.2 mi
72
MN-477429
Dirt · Off grid
141.3Nov 1, 2025$424,4003,0032,8319.3 mi
69
MN-839270
Landlocked · Power at road
536.3May 19, 2024$600,7001,1201,7628.5 mi
65
Show adjustment detail for the top comp
  • Tract size (369.54 ac → 308.77 ac)+5.4%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.