Comparable sales & offer analysis
Parcel MN-298891
Fillmore County, MN · 408 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$906,500
Adjusted value
$860,751
Value range
$725,907–$995,594
Comp $/acre
$2,112/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.3% versus the adjusted value.
Offer position
Max allowable offer
$491,857
Offer $/acre
$1,207/ac
Projected profit
$258,225
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-938574 | 323.9 | Jul 27, 2026 | $1,432,400 | 4,423 | 2,400 | 82 |
| MN-778866 | 400.2 | Jun 24, 2025 | $985,000 | 2,461 | 1,754 | 80 |
| MN-279271 | 536.6 | Nov 23, 2024 | $1,684,600 | 3,139 | 2,500 | 74 |
| MN-427799 | 184.8 | Feb 5, 2026 | $508,000 | 2,750 | 1,779 | 70 |
| MN-687806 | 185.7 | Sep 10, 2024 | $510,800 | 2,751 | 2,384 | 68 |
| MN-837343 | 132.8 | May 26, 2024 | $625,200 | 4,709 | 1,781 | 58 |
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.