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St. Louis County, MN · Sold

MN-253658

9474 County Road 355

$40,400
$4,391/ac · 9.20 ac
Acreage9.20 ac
Price per acre$4,391/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedJun 13, 2025
Coordinates47.5503, -92.6717
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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

3 items to verify before you offer.

Risk index
23
Low risk
Wetlands19.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

779 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area7.02 of 9.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$41,666
$33,718$49,613 · $4,529/ac on 9.20 ac
Asking vs estimate
-3.0%
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 $40,400
Maximum allowable offer
$23,809
$2,588/ac · +30.0% target margin

You need $16,591 off asking to hit this margin.

All-in cost$25,833
Net resale$38,332
Projected profit$12,500
ROI+48.4%
Annualized+69.2%
Break-even resale$3,052/ac
Profit if resale lands off target
-20%
$4,833
-10%
$8,666
0%
$12,500
+10%
$16,333
+20%
$20,166
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-642467
Dirt · Off grid
3.9Jul 27, 2026$16,3004,2075,7762.5 mi
77
MN-843105
Gravel · Off grid
6.2Mar 18, 2026$17,2002,7973,42210.6 mi
72
MN-882878
Dirt · Full utilities
5.2Apr 9, 2024$20,0003,8244,06017.1 mi
67
MN-992247
Dirt · Full utilities
3.3Oct 20, 2024$13,6004,1074,19713.9 mi
60
MN-212356
Gravel · Off grid
3.6Nov 4, 2025$15,1004,2185,11716.6 mi
59
Show adjustment detail for the top comp
  • Tract size (3.88 ac → 9.2 ac)-4.6%
  • Utilities (Off grid → Full utilities)+43.5%

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.