Comparable sales & offer analysis
Parcel MN-355036
Itasca County, MN · 24.96 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$83,600
Adjusted value
$88,461
Value range
$73,622–$103,301
Comp $/acre
$3,544/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.5% versus the adjusted value.
Offer position
Max allowable offer
$50,549
Offer $/acre
$2,025/ac
Projected profit
$26,538
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 | 3,716 | 81 |
| MN-885782 | 42.9 | Jun 14, 2026 | $91,100 | 2,125 | 2,848 | 80 |
| MN-435617 | 38.0 | Sep 28, 2025 | $84,600 | 2,225 | 3,408 | 76 |
| MN-336479 | 71.0 | Jun 12, 2026 | $167,300 | 2,357 | 3,383 | 71 |
| MN-564069 | 12.4 | Mar 7, 2026 | $25,100 | 2,030 | 2,822 | 66 |
| MN-633542 | 8.5 | Nov 1, 2024 | $28,100 | 3,318 | 4,389 | 66 |
| MN-263845 | 10.5 | Jul 24, 2025 | $48,500 | 4,604 | 3,728 | 65 |
| MN-633955 | 11.4 | Apr 14, 2025 | $43,500 | 3,815 | 4,365 | 63 |
| MN-145716 | 40.9 | Jan 19, 2024 | $91,100 | 2,231 | 2,703 | 59 |
| MN-616396 | 66.9 | Aug 19, 2024 | $217,200 | 3,249 | 4,255 | 59 |
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.