Comparable sales & offer analysis
Parcel MN-633955
Itasca County, MN · 11.41 ac · Residential · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$52,000
Adjusted value
$37,170
Value range
$32,231–$42,109
Comp $/acre
$3,258/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +39.9% versus the adjusted value.
Offer position
Max allowable offer
$21,240
Offer $/acre
$1,862/ac
Projected profit
$11,151
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-564069 | 12.4 | Mar 7, 2026 | $25,100 | 2,030 | 2,604 | 84 |
| MN-154932 | 23.1 | Jun 19, 2026 | $72,800 | 3,145 | 3,429 | 79 |
| MN-263845 | 10.5 | Jul 24, 2025 | $48,500 | 4,604 | 3,441 | 78 |
| MN-462465 | 3.9 | Feb 7, 2026 | $14,400 | 3,723 | 2,890 | 70 |
| MN-633542 | 8.5 | Nov 1, 2024 | $28,100 | 3,318 | 4,051 | 70 |
| MN-435617 | 38.0 | Sep 28, 2025 | $84,600 | 2,225 | 3,145 | 66 |
| MN-355036 | 25.0 | Jan 5, 2025 | $84,100 | 3,369 | 3,338 | 62 |
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.