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St. Louis County, MN · Sold

MN-997980

1823 County Road 208

$535,700
$2,543/ac · 211 ac
Acreage211 ac
Price per acre$2,543/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedMar 1, 2026
Coordinates47.4725, -92.4981
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

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

1 item to verify before you offer.

Risk index
27
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope0.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area191.49 of 210.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$448,646
$341,034$556,258 · $2,130/ac on 211 ac
Asking vs estimate
+19.4%
Priced above the comp set

Weighted from 10 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 $535,700
Maximum allowable offer
$256,369
$1,217/ac · +30.0% target margin

You need $279,331 off asking to hit this margin.

All-in cost$278,160
Net resale$412,755
Projected profit$134,594
ROI+48.4%
Annualized+69.3%
Break-even resale$1,435/ac
Profit if resale lands off target
-20%
$52,043
-10%
$93,319
0%
$134,594
+10%
$175,870
+20%
$217,145
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-608099
Landlocked · Power at road
229.6Jul 27, 2026$276,2001,2031,50710.1 mi
88
MN-277438
Landlocked · Full utilities
142.2Jul 27, 2026$245,4001,7261,55415.0 mi
83
MN-807495
Gravel · Off grid
148.2May 22, 2025$348,5002,3512,19216.8 mi
69
MN-557433
Gravel · Power at road
141.7Mar 22, 2026$366,1002,5831,95617.3 mi
69
MN-809472
Gravel · Power at road
620.8Jun 27, 2026$1,850,0002,9803,4187.2 mi
68
MN-439182
Landlocked · Full utilities
503.1Jul 21, 2025$820,5001,6312,1987.6 mi
67
MN-499099
Gravel · Power at road
473.8Jul 27, 2026$1,027,9002,1692,28516.7 mi
67
MN-587536
Dirt · Full utilities
152.7Jan 24, 2025$451,3002,9562,28014.0 mi
67
MN-388567
Dirt · Full utilities
322.3Oct 23, 2024$767,0002,3802,28812.7 mi
65
MN-847118
Dirt · Off grid
112.8May 15, 2024$207,7001,8411,9354.4 mi
63
Show adjustment detail for the top comp
  • Tract size (229.6 ac → 210.63 ac)+2.5%
  • Utilities (Power at road → Full utilities)+22.0%

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.