Comparable sales & offer analysis
Parcel MN-426846
Itasca County, MN · 92.63 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$264,900
Adjusted value
$306,793
Value range
$227,237–$386,349
Comp $/acre
$3,312/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.7% versus the adjusted value.
Offer position
Max allowable offer
$175,310
Offer $/acre
$1,893/ac
Projected profit
$92,038
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-336479 | 71.0 | Jun 12, 2026 | $167,300 | 2,357 | 3,078 | 79 |
| MN-647073 | 109.2 | Dec 6, 2025 | $254,900 | 2,335 | 2,433 | 75 |
| MN-907732 | 176.0 | Jul 27, 2026 | $565,700 | 3,214 | 4,513 | 74 |
| MN-558042 | 220.3 | Jul 27, 2026 | $243,000 | 1,103 | 2,852 | 73 |
| MN-885782 | 42.9 | Jun 14, 2026 | $91,100 | 2,125 | 2,592 | 71 |
| MN-616396 | 66.9 | Aug 19, 2024 | $217,200 | 3,249 | 3,872 | 69 |
| MN-367932 | 203.4 | Apr 2, 2026 | $562,600 | 2,766 | 4,936 | 68 |
| MN-435617 | 38.0 | Sep 28, 2025 | $84,600 | 2,225 | 3,102 | 67 |
| MN-145716 | 40.9 | Jan 19, 2024 | $91,100 | 2,231 | 2,460 | 65 |
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.