Comparable sales & offer analysis
Parcel MN-297664
Clay County, MN · 168 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$553,100
Adjusted value
$716,498
Value range
$612,440–$820,555
Comp $/acre
$4,277/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.8% versus the adjusted value.
Offer position
Max allowable offer
$409,427
Offer $/acre
$2,444/ac
Projected profit
$214,949
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-637234 | 122.7 | May 25, 2026 | $584,200 | 4,762 | 3,628 | 87 |
| MN-878196 | 246.3 | Jul 27, 2026 | $779,500 | 3,165 | 3,661 | 83 |
| MN-347574 | 157.0 | Oct 1, 2024 | $511,300 | 3,258 | 5,137 | 67 |
| MN-288545 | 317.2 | May 9, 2024 | $863,800 | 2,724 | 4,519 | 64 |
| MN-206581 | 76.5 | Jan 16, 2025 | $578,300 | 7,564 | 4,823 | 62 |
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.