Comparable sales & offer analysis
Parcel MN-263845
Itasca County, MN · 10.53 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$55,600
Adjusted value
$50,224
Value range
$42,205–$58,243
Comp $/acre
$4,770/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.7% versus the adjusted value.
Offer position
Max allowable offer
$28,699
Offer $/acre
$2,725/ac
Projected profit
$15,067
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-154932 | 23.1 | Jun 19, 2026 | $72,800 | 3,145 | 4,819 | 77 |
| MN-564069 | 12.4 | Mar 7, 2026 | $25,100 | 2,030 | 3,660 | 77 |
| MN-633955 | 11.4 | Apr 14, 2025 | $43,500 | 3,815 | 5,662 | 76 |
| MN-633542 | 8.5 | Nov 1, 2024 | $28,100 | 3,318 | 5,692 | 69 |
| MN-462465 | 3.9 | Feb 7, 2026 | $14,400 | 3,723 | 4,062 | 63 |
| MN-355036 | 25.0 | Jan 5, 2025 | $84,100 | 3,369 | 4,690 | 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.