Comparable sales & offer analysis
Parcel MN-112924
Clay County, MN · 5.41 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$32,000
Adjusted value
$39,100
Value range
$33,222–$44,978
Comp $/acre
$7,227/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.2% versus the adjusted value.
Offer position
Max allowable offer
$22,343
Offer $/acre
$4,130/ac
Projected profit
$11,730
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 | 7,676 | 87 |
| MN-163861 | 10.7 | Jul 27, 2026 | $95,200 | 8,935 | 7,672 | 77 |
| MN-913400 | 7.6 | Oct 19, 2024 | $45,800 | 5,996 | 8,325 | 77 |
| MN-893825 | 10.4 | Jul 11, 2025 | $100,900 | 9,716 | 7,725 | 75 |
| MN-953887 | 10.9 | Mar 2, 2026 | $89,100 | 8,204 | 8,753 | 74 |
| MN-591831 | 2.5 | Dec 11, 2024 | $11,100 | 4,538 | 5,558 | 71 |
| MN-373283 | 7.0 | Mar 9, 2024 | $42,500 | 6,061 | 5,810 | 67 |
| MN-982427 | 3.8 | Nov 15, 2024 | $40,600 | 10,781 | 8,035 | 67 |
| MN-923633 | 9.0 | Mar 11, 2024 | $32,900 | 3,645 | 6,167 | 67 |
| MN-514641 | 18.8 | Jan 19, 2025 | $81,700 | 4,357 | 6,053 | 65 |
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.
