Comparable sales & offer analysis
Parcel MN-374435
Beltrami County, MN · 16.15 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$39,800
Adjusted value
$40,044
Value range
$33,513–$46,575
Comp $/acre
$2,480/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.6% versus the adjusted value.
Offer position
Max allowable offer
$22,882
Offer $/acre
$1,417/ac
Projected profit
$12,013
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 | 2,781 | 81 |
| MN-134016 | 11.9 | Oct 17, 2024 | $40,400 | 3,386 | 2,376 | 73 |
| MN-903747 | 9.8 | Jun 4, 2025 | $31,900 | 3,253 | 2,216 | 70 |
| MN-123374 | 7.5 | Jul 26, 2026 | $27,900 | 3,728 | 1,713 | 69 |
| MN-943788 | 10.1 | Oct 29, 2024 | $35,100 | 3,468 | 2,484 | 67 |
| MN-856059 | 52.4 | Jul 27, 2026 | $186,000 | 3,551 | 2,469 | 66 |
| MN-915511 | 35.2 | May 26, 2024 | $136,800 | 3,884 | 3,226 | 64 |
| MN-952952 | 5.5 | Nov 7, 2025 | $22,500 | 4,079 | 2,603 | 60 |
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.