Comparable sales & offer analysis
Parcel MN-982427
Clay County, MN · 3.77 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$48,500
Adjusted value
$40,295
Value range
$33,820–$46,770
Comp $/acre
$10,688/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.4% versus the adjusted value.
Offer position
Max allowable offer
$23,026
Offer $/acre
$6,108/ac
Projected profit
$12,088
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-772011 | 2.8 | Jul 27, 2026 | $21,900 | 7,849 | 11,117 | 78 |
| MN-112924 | 5.4 | Jul 27, 2026 | $30,900 | 5,720 | 8,303 | 77 |
| MN-163861 | 10.7 | Jul 27, 2026 | $95,200 | 8,935 | 11,111 | 75 |
| MN-373283 | 7.0 | Mar 9, 2024 | $42,500 | 6,061 | 8,411 | 64 |
| MN-591831 | 2.5 | Dec 11, 2024 | $11,100 | 4,538 | 8,046 | 64 |
| MN-953887 | 10.9 | Mar 2, 2026 | $89,100 | 8,204 | 12,676 | 63 |
| MN-913400 | 7.6 | Oct 19, 2024 | $45,800 | 5,996 | 12,052 | 61 |
| MN-893825 | 10.4 | Jul 11, 2025 | $100,900 | 9,716 | 11,186 | 61 |
| MN-771324 | 1.7 | Feb 2, 2025 | $13,800 | 8,098 | 12,046 | 60 |
| MN-820925 | 1.3 | Sep 29, 2025 | $8,800 | 6,915 | 12,619 | 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.