Comparable sales & offer analysis
Parcel MN-923633
Clay County, MN · 9.03 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$39,000
Adjusted value
$42,357
Value range
$36,446–$48,269
Comp $/acre
$4,691/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.9% versus the adjusted value.
Offer position
Max allowable offer
$24,204
Offer $/acre
$2,680/ac
Projected profit
$12,707
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-163861 | 10.7 | Jul 27, 2026 | $95,200 | 8,935 | 4,998 | 84 |
| MN-953887 | 10.9 | Mar 2, 2026 | $89,100 | 8,204 | 5,702 | 83 |
| MN-112924 | 5.4 | Jul 27, 2026 | $30,900 | 5,720 | 3,735 | 80 |
| MN-913400 | 7.6 | Oct 19, 2024 | $45,800 | 5,996 | 5,423 | 76 |
| MN-893825 | 10.4 | Jul 11, 2025 | $100,900 | 9,716 | 5,033 | 75 |
| MN-695273 | 29.6 | Jul 27, 2026 | $177,700 | 5,996 | 4,626 | 75 |
| MN-373283 | 7.0 | Mar 9, 2024 | $42,500 | 6,061 | 3,785 | 74 |
| MN-772011 | 2.8 | Jul 27, 2026 | $21,900 | 7,849 | 5,000 | 72 |
| MN-585168 | 27.5 | Jul 27, 2026 | $221,000 | 8,046 | 4,470 | 71 |
| MN-514641 | 18.8 | Jan 19, 2025 | $81,700 | 4,357 | 3,943 | 66 |
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.
