Comparable sales & offer analysis
Parcel MN-374435
Beltrami County, MN · 16.15 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$39,800
Adjusted value
$40,273
Value range
$33,712–$46,834
Comp $/acre
$2,494/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.2% versus the adjusted value.
Offer position
Max allowable offer
$23,013
Offer $/acre
$1,425/ac
Projected profit
$12,082
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-764729 | 20.0 | Jul 27, 2026 | $79,500 | 3,978 | 2,797 | 80 |
| MN-134016 | 11.9 | Oct 17, 2024 | $40,400 | 3,386 | 2,389 | 73 |
| MN-903747 | 9.8 | Jun 4, 2025 | $31,900 | 3,253 | 2,228 | 70 |
| MN-123374 | 7.5 | Jul 26, 2026 | $27,900 | 3,728 | 1,722 | 68 |
| MN-943788 | 10.1 | Oct 29, 2024 | $35,100 | 3,468 | 2,497 | 67 |
| MN-856059 | 52.4 | Jul 27, 2026 | $186,000 | 3,551 | 2,483 | 65 |
| MN-915511 | 35.2 | May 26, 2024 | $136,800 | 3,884 | 3,242 | 63 |
| MN-952952 | 5.5 | Nov 7, 2025 | $22,500 | 4,079 | 2,617 | 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.