Comparable sales & offer analysis
Parcel MN-943788
Beltrami County, MN · 10.11 ac · Recreational · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$38,400
Adjusted value
$38,238
Value range
$31,399–$45,077
Comp $/acre
$3,782/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.4% versus the adjusted value.
Offer position
Max allowable offer
$21,850
Offer $/acre
$2,161/ac
Projected profit
$11,471
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| MN-903747 | 9.8 | Jun 4, 2025 | $31,900 | 3,253 | 3,344 | 78 |
| MN-123374 | 7.5 | Jul 26, 2026 | $27,900 | 3,728 | 2,585 | 75 |
| MN-134016 | 11.9 | Oct 17, 2024 | $40,400 | 3,386 | 3,586 | 73 |
| MN-952952 | 5.5 | Nov 7, 2025 | $22,500 | 4,079 | 3,928 | 73 |
| MN-764729 | 20.0 | Jul 27, 2026 | $79,500 | 3,978 | 4,199 | 69 |
| MN-374435 | 16.1 | Oct 2, 2024 | $42,700 | 2,644 | 4,304 | 67 |
| MN-915511 | 35.2 | May 26, 2024 | $136,800 | 3,884 | 4,868 | 59 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.