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St. Louis County, MN · Sold

MN-809472

1373 County Road 68

$1,729,000
$2,785/ac · 621 ac
Acreage621 ac
Price per acre$2,785/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedMay 13, 2026
Coordinates47.5463, -92.6075
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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

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

View St. Louis market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope23.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,255 ft of deeded road frontage.

Power207 ft away

Power at or near the road.

Buildable area359.42 of 620.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,159,139
$1,001,128$1,317,149 · $1,867/ac on 621 ac
Asking vs estimate
+49.2%
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 $1,729,000
Maximum allowable offer
$662,365
$1,067/ac · +30.0% target margin

You need $1,066,635 off asking to hit this margin.

All-in cost$718,666
Net resale$1,066,407
Projected profit$347,741
ROI+48.4%
Annualized+69.2%
Break-even resale$1,258/ac
Profit if resale lands off target
-20%
$134,460
-10%
$241,101
0%
$347,741
+10%
$454,382
+20%
$561,023
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-499099
Gravel · Power at road
473.8Jul 27, 2026$1,027,9002,1692,00311.2 mi
83
MN-439182
Landlocked · Full utilities
503.1Jul 21, 2025$820,5001,6311,9275.1 mi
78
MN-608099
Landlocked · Power at road
229.6Jul 27, 2026$276,2001,2031,3213.9 mi
74
MN-997980
Landlocked · Full utilities
210.6Jul 27, 2026$493,9002,3452,0607.2 mi
69
MN-778706
Paved · Off grid
356.4Feb 27, 2025$761,5002,1371,91415.9 mi
65
MN-388567
Dirt · Full utilities
322.3Oct 23, 2024$767,0002,3802,00610.3 mi
60
Show adjustment detail for the top comp
  • Tract size (473.78 ac → 620.76 ac)-7.9%

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.