← New search
St. Louis County, MN · Sold

MN-642467

8438 County Road 395

$17,200
$4,433/ac · 3.88 ac
Acreage3.88 ac
Price per acre$4,433/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedJan 20, 2026
Coordinates47.5673, -92.6243
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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope12.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

388 ft of deeded road frontage.

Power6,522 ft away

A long utility run — price in solar/off-grid instead.

Buildable area3.03 of 3.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$12,267
$10,697$13,837 · $3,162/ac on 3.88 ac
Asking vs estimate
+40.2%
Priced above 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 $17,200
Maximum allowable offer
$7,010
$1,807/ac · +30.0% target margin

You need $10,190 off asking to hit this margin.

All-in cost$7,606
Net resale$11,286
Projected profit$3,680
ROI+48.4%
Annualized+69.2%
Break-even resale$2,131/ac
Profit if resale lands off target
-20%
$1,423
-10%
$2,551
0%
$3,680
+10%
$4,808
+20%
$5,937
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-831662
Gravel · Power at road
2.2Jul 27, 2026$8,6003,9502,8465.9 mi
80
MN-212356
Gravel · Off grid
3.6Nov 4, 2025$15,1004,2183,73615.3 mi
79
MN-831543
Dirt · Power at road
2.0Feb 20, 2026$8,4004,2213,59411.1 mi
75
MN-843105
Gravel · Off grid
6.2Mar 18, 2026$17,2002,7972,4988.6 mi
74
MN-253658
Dirt · Full utilities
9.2Oct 18, 2025$40,0004,3433,2802.5 mi
70
MN-992247
Dirt · Full utilities
3.3Oct 20, 2024$13,6004,1073,06412.4 mi
70
MN-882878
Dirt · Full utilities
5.2Apr 9, 2024$20,0003,8242,96414.6 mi
65
MN-130954
Paved · Full utilities
1.3Dec 12, 2024$7,0005,3632,8425.1 mi
60
MN-131289
Paved · Power at road
1.6Nov 21, 2024$9,2005,5723,62310.2 mi
59
Show adjustment detail for the top comp
  • Tract size (2.17 ac → 3.88 ac)-1.6%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%

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.