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St. Louis County, MN · Sold

MN-439182

2082 County Road 12

$859,200
$1,708/ac · 503 ac
Acreage503 ac
Price per acre$1,708/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyMixed
ListedJun 8, 2024
Coordinates47.5825, -92.5116
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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

4 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.1%

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 area400.55 of 503.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$911,355
$708,100$1,114,610 · $1,811/ac on 503 ac
Asking vs estimate
-5.7%
Priced below the comp set

Weighted from 8 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 $859,200
Maximum allowable offer
$520,774
$1,035/ac · +30.0% target margin

You need $338,426 off asking to hit this margin.

All-in cost$565,040
Net resale$838,447
Projected profit$273,407
ROI+48.4%
Annualized+69.3%
Break-even resale$1,221/ac
Profit if resale lands off target
-20%
$105,718
-10%
$189,562
0%
$273,407
+10%
$357,252
+20%
$441,096
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-809472
Gravel · Power at road
620.8Jun 27, 2026$1,850,0002,9802,6505.1 mi
86
MN-499099
Gravel · Power at road
473.8Jul 27, 2026$1,027,9002,1691,7719.2 mi
82
MN-608099
Landlocked · Power at road
229.6Jul 27, 2026$276,2001,2031,1684.2 mi
77
MN-997980
Landlocked · Full utilities
210.6Jul 27, 2026$493,9002,3451,8227.6 mi
75
MN-778706
Paved · Off grid
356.4Feb 27, 2025$761,5002,1371,69211.0 mi
71
MN-388567
Dirt · Full utilities
322.3Oct 23, 2024$767,0002,3801,7745.6 mi
68
MN-587536
Dirt · Full utilities
152.7Jan 24, 2025$451,3002,9561,7676.6 mi
60
MN-807495
Gravel · Off grid
148.2May 22, 2025$348,5002,3511,7009.4 mi
57
Show adjustment detail for the top comp
  • Tract size (620.76 ac → 503.14 ac)+6.6%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • 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.