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Stearns County, MN · Sold

MN-329557

8229 County Road 166

$1,216,600
$1,843/ac · 660 ac
Acreage660 ac
Price per acre$1,843/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedDec 12, 2023
Coordinates45.6495, -94.6499
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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

Stearns County, Minnesota. Lake country cabin lots north, prime tillable ground south.

View Stearns market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands12.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.3%

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.

Power7,320 ft away

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

Buildable area548.16 of 660.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$837,453
$705,318$969,588 · $1,269/ac on 660 ac
Asking vs estimate
+45.3%
Priced above the comp set

Weighted from 6 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 $1,216,600
Maximum allowable offer
$478,544
$725/ac · +30.0% target margin

You need $738,056 off asking to hit this margin.

All-in cost$519,220
Net resale$770,457
Projected profit$251,236
ROI+48.4%
Annualized+69.3%
Break-even resale$855/ac
Profit if resale lands off target
-20%
$97,145
-10%
$174,191
0%
$251,236
+10%
$328,282
+20%
$405,328
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-109724
Gravel · Off grid
745.1Jul 27, 2026$1,401,5001,8811,3305.6 mi
85
MN-828833
Gravel · Full utilities
390.7Mar 11, 2026$1,495,3003,8271,5765.5 mi
77
MN-879240
Dirt · Power at road
524.7Dec 9, 2025$753,8001,4379266.3 mi
75
MN-317948
Paved · Full utilities
205.8Jul 8, 2026$920,2004,4711,2794.9 mi
73
MN-318181
Landlocked · Power at road
243.7Dec 26, 2025$496,5002,0381,32310.0 mi
66
MN-418906
Gravel · Off grid
412.0Apr 1, 2024$728,1001,7671,14612.9 mi
62
Show adjustment detail for the top comp
  • Tract size (745.09 ac → 660.19 ac)+3.8%
  • Access (Gravel → Landlocked)-32.0%

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.