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St. Louis County, MN · Sold

MN-807495

1201 County Road 17

$409,000
$2,759/ac · 148 ac
Acreage148 ac
Price per acre$2,759/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedDec 17, 2024
Coordinates47.7157, -92.4728
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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
31
Moderate risk
Wetlands20.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

3,174 ft of deeded road frontage.

Power8,818 ft away

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

Buildable area111.39 of 148.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$348,002
$287,958$408,046 · $2,348/ac on 148 ac
Asking vs estimate
+17.5%
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 $409,000
Maximum allowable offer
$198,858
$1,342/ac · +30.0% target margin

You need $210,142 off asking to hit this margin.

All-in cost$215,761
Net resale$320,162
Projected profit$104,401
ROI+48.4%
Annualized+69.3%
Break-even resale$1,582/ac
Profit if resale lands off target
-20%
$40,369
-10%
$72,385
0%
$104,401
+10%
$136,417
+20%
$168,434
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-277438
Landlocked · Full utilities
142.2Jul 27, 2026$245,4001,7261,7535.5 mi
89
MN-557433
Gravel · Power at road
141.7Mar 22, 2026$366,1002,5832,2063.1 mi
86
MN-608099
Landlocked · Power at road
229.6Jul 27, 2026$276,2001,2031,7009.8 mi
80
MN-997980
Landlocked · Full utilities
210.6Jul 27, 2026$493,9002,3452,65116.8 mi
78
MN-587536
Dirt · Full utilities
152.7Jan 24, 2025$451,3002,9562,5712.8 mi
77
MN-499099
Gravel · Power at road
473.8Jul 27, 2026$1,027,9002,1692,5775.0 mi
72
MN-317032
Gravel · Power at road
106.0Jun 13, 2024$381,1003,5963,05913.3 mi
66
MN-526360
Gravel · Power at road
65.1Nov 19, 2024$226,7003,4802,5964.6 mi
65
MN-847118
Dirt · Off grid
112.8May 15, 2024$207,7001,8412,18315.4 mi
64
MN-778706
Paved · Off grid
356.4Feb 27, 2025$761,5002,1372,4625.8 mi
64
Show adjustment detail for the top comp
  • Tract size (142.23 ac → 148.23 ac)-1.1%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Off grid)-30.3%

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.