Comparable sales & offer analysis
Parcel MN-469318
Beltrami County, MN · 555 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$954,900
Adjusted value
$1,201,154
Value range
$914,604–$1,487,704
Comp $/acre
$2,163/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.5% versus the adjusted value.
Offer position
Max allowable offer
$686,374
Offer $/acre
$1,236/ac
Projected profit
$360,346
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-559649 | 705.7 | Mar 3, 2026 | $1,388,900 | 1,968 | 1,507 | 80 |
| MN-697827 | 188.5 | Jul 27, 2026 | $747,000 | 3,962 | 2,777 | 72 |
| MN-876985 | 102.4 | Jul 26, 2026 | $387,500 | 3,783 | 2,788 | 67 |
| MN-539870 | 828.2 | Sep 24, 2024 | $1,056,800 | 1,276 | 1,560 | 65 |
| MN-496663 | 81.1 | Nov 21, 2025 | $228,600 | 2,818 | 2,347 | 62 |
| MN-366469 | 70.5 | Jul 27, 2026 | $213,400 | 3,027 | 1,731 | 61 |
| MN-936341 | 64.3 | Apr 27, 2026 | $200,100 | 3,114 | 2,055 | 59 |
| MN-856802 | 89.7 | May 18, 2025 | $321,600 | 3,585 | 2,654 | 56 |
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.