Comparable sales & offer analysis
Parcel MN-807948
Cass County, MN · 206 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$430,000
Adjusted value
$427,084
Value range
$361,505–$492,663
Comp $/acre
$2,075/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.7% versus the adjusted value.
Offer position
Max allowable offer
$244,048
Offer $/acre
$1,186/ac
Projected profit
$128,125
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-577865 | 193.8 | Feb 5, 2025 | $381,500 | 1,969 | 1,760 | 74 |
| MN-797085 | 110.1 | May 6, 2026 | $350,400 | 3,182 | 2,167 | 71 |
| MN-867073 | 109.2 | Jul 27, 2026 | $390,800 | 3,579 | 2,048 | 68 |
| MN-117760 | 179.6 | Aug 9, 2024 | $949,500 | 5,287 | 2,630 | 66 |
| MN-746540 | 74.2 | Feb 6, 2025 | $235,400 | 3,173 | 1,756 | 57 |
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.