Comparable sales & offer analysis
Parcel MN-248283
Cook County, MN · 262 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$862,900
Adjusted value
$873,364
Value range
$683,254–$1,063,474
Comp $/acre
$3,329/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.2% versus the adjusted value.
Offer position
Max allowable offer
$499,065
Offer $/acre
$1,902/ac
Projected profit
$262,009
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-768213 | 249.4 | Dec 28, 2024 | $642,200 | 2,575 | 2,726 | 86 |
| MN-936826 | 91.3 | Jul 27, 2026 | $562,300 | 6,158 | 3,981 | 78 |
| MN-307303 | 129.0 | Jul 27, 2026 | $569,700 | 4,417 | 3,104 | 76 |
| MN-719207 | 512.3 | Sep 11, 2025 | $1,089,000 | 2,126 | 3,146 | 75 |
| MN-478960 | 428.4 | Jul 10, 2026 | $760,900 | 1,776 | 2,408 | 75 |
| MN-697781 | 182.3 | Jan 27, 2025 | $509,400 | 2,794 | 3,140 | 69 |
| MN-597070 | 109.0 | Feb 17, 2024 | $530,300 | 4,868 | 4,954 | 62 |
| MN-776725 | 84.9 | Feb 16, 2025 | $470,600 | 5,545 | 3,559 | 56 |
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.