St. Louis County, MN · Sold

MN-557433

152 County Road 55

$389,900

$2,751/ac · 142 ac

Offer report Market this tract

Acreage142 ac

Price per acre$2,751/ac

ZoningRecreational

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedOct 7, 2025

Coordinates47.7145, -92.4067

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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

Low risk

Wetlands5.1% of tract

Little to no mapped wetland coverage.

Average slope18.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power118 ft away

Power at or near the road.

Buildable area107.59 of 141.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$402,221

$334,248 – $470,194 · $2,838/ac on 142 ac

Asking vs estimate

-3.1%

In line with 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 $389,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$229,840

$1,622/ac · +30.0% target margin

You need $160,060 off asking to hit this margin.

All-in cost$249,376

Net resale$370,043

Projected profit$120,667

ROI+48.4%

Annualized+69.3%

Break-even resale$1,913/ac

Profit if resale lands off target

-20%

$46,658

-10%

$83,662

$120,667

+10%

$157,671

+20%

$194,675

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
MN-277438 Landlocked · Full utilities	142.2	Jul 27, 2026	$245,400	1,726	2,087	3.3 mi	88
MN-807495 Gravel · Off grid	148.2	May 22, 2025	$348,500	2,351	2,944	3.1 mi	80
MN-587536 Dirt · Full utilities	152.7	Jan 24, 2025	$451,300	2,956	3,061	4.1 mi	80
MN-608099 Landlocked · Power at road	229.6	Jul 27, 2026	$276,200	1,203	2,024	11.8 mi	76
MN-499099 Gravel · Power at road	473.8	Jul 27, 2026	$1,027,900	2,169	3,068	8.1 mi	72
MN-997980 Landlocked · Full utilities	210.6	Jul 27, 2026	$493,900	2,345	3,156	17.3 mi	72
MN-526360 Gravel · Power at road	65.1	Nov 19, 2024	$226,700	3,480	3,091	5.1 mi	68
MN-317032 Gravel · Power at road	106.0	Jun 13, 2024	$381,100	3,596	3,642	14.7 mi	67
MN-778706 Paved · Off grid	356.4	Feb 27, 2025	$761,500	2,137	2,931	2.8 mi	63
MN-847118 Dirt · Off grid	112.8	May 15, 2024	$207,700	1,841	2,599	15.1 mi	63

Show adjustment detail for the top comp

Access (Landlocked → Gravel)+47.1%
Utilities (Full utilities → Power at road)-18.0%

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.

Build the listing kit Post a deal or JV