Comparable sales & offer analysis
Parcel MN-687806
Fillmore County, MN · 186 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$504,200
Adjusted value
$492,418
Value range
$415,765–$569,072
Comp $/acre
$2,652/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.4% versus the adjusted value.
Offer position
Max allowable offer
$281,382
Offer $/acre
$1,515/ac
Projected profit
$147,726
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-427799 | 184.8 | Feb 5, 2026 | $508,000 | 2,750 | 2,231 | 82 |
| MN-298891 | 407.5 | Jul 27, 2026 | $845,800 | 2,075 | 2,623 | 79 |
| MN-938574 | 323.9 | Jul 27, 2026 | $1,432,400 | 4,423 | 3,010 | 77 |
| MN-778866 | 400.2 | Jun 24, 2025 | $985,000 | 2,461 | 2,200 | 68 |
| MN-246256 | 60.4 | Jan 13, 2026 | $365,600 | 6,053 | 3,211 | 68 |
| MN-837343 | 132.8 | May 26, 2024 | $625,200 | 4,709 | 2,234 | 66 |
| MN-279271 | 536.6 | Nov 23, 2024 | $1,684,600 | 3,139 | 3,135 | 61 |
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.