Comparable sales & offer analysis
Parcel MN-778866
Fillmore County, MN · 400 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,186,800
Adjusted value
$1,277,535
Value range
$1,110,340–$1,444,730
Comp $/acre
$3,192/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.1% versus the adjusted value.
Offer position
Max allowable offer
$730,020
Offer $/acre
$1,824/ac
Projected profit
$383,260
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-298891 | 407.5 | Jul 27, 2026 | $845,800 | 2,075 | 3,075 | 89 |
| MN-938574 | 323.9 | Jul 27, 2026 | $1,432,400 | 4,423 | 3,529 | 87 |
| MN-279271 | 536.6 | Nov 23, 2024 | $1,684,600 | 3,139 | 3,677 | 73 |
| MN-427799 | 184.8 | Feb 5, 2026 | $508,000 | 2,750 | 2,616 | 73 |
| MN-687806 | 185.7 | Sep 10, 2024 | $510,800 | 2,751 | 3,506 | 65 |
| MN-837343 | 132.8 | May 26, 2024 | $625,200 | 4,709 | 2,621 | 57 |
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.