Comparable sales & offer analysis
Parcel MN-299323
Itasca County, MN · 557 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$850,800
Adjusted value
$824,830
Value range
$675,610–$974,049
Comp $/acre
$1,480/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.1% versus the adjusted value.
Offer position
Max allowable offer
$471,331
Offer $/acre
$846/ac
Projected profit
$247,449
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-289182 | 503.1 | Jun 8, 2026 | $1,274,800 | 2,534 | 1,492 | 79 |
| MN-558042 | 220.3 | Jul 27, 2026 | $243,000 | 1,103 | 1,070 | 71 |
| MN-628641 | 340.0 | Aug 4, 2024 | $489,100 | 1,439 | 1,354 | 66 |
| MN-907732 | 176.0 | Jul 27, 2026 | $565,700 | 3,214 | 1,694 | 63 |
| MN-367932 | 203.4 | Apr 2, 2026 | $562,600 | 2,766 | 1,852 | 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.