Comparable sales & offer analysis
Parcel MN-347574
Clay County, MN · 157 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$569,400
Adjusted value
$427,758
Value range
$368,826–$486,690
Comp $/acre
$2,725/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +33.1% versus the adjusted value.
Offer position
Max allowable offer
$244,433
Offer $/acre
$1,557/ac
Projected profit
$128,327
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-878196 | 246.3 | Jul 27, 2026 | $779,500 | 3,165 | 2,518 | 77 |
| MN-297664 | 167.5 | Apr 17, 2026 | $562,500 | 3,357 | 2,341 | 75 |
| MN-637234 | 122.7 | May 25, 2026 | $584,200 | 4,762 | 2,496 | 74 |
| MN-206581 | 76.5 | Jan 16, 2025 | $578,300 | 7,564 | 3,317 | 63 |
| MN-288545 | 317.2 | May 9, 2024 | $863,800 | 2,724 | 3,107 | 63 |
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.