Comparable sales & offer analysis
Parcel MN-628557
Koochiching County, MN · 320 ac · Residential · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$470,800
Adjusted value
$590,162
Value range
$488,173–$692,152
Comp $/acre
$1,845/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.2% versus the adjusted value.
Offer position
Max allowable offer
$337,236
Offer $/acre
$1,054/ac
Projected profit
$177,049
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-449019 | 447.1 | Jul 20, 2026 | $774,400 | 1,732 | 2,440 | 81 |
| MN-188569 | 322.7 | Oct 20, 2025 | $639,900 | 1,983 | 1,778 | 76 |
| MN-209704 | 734.4 | May 21, 2026 | $1,324,200 | 1,803 | 1,638 | 74 |
| MN-617889 | 197.2 | May 11, 2024 | $391,600 | 1,986 | 1,904 | 69 |
| MN-657247 | 123.8 | Aug 9, 2025 | $268,000 | 2,164 | 1,744 | 66 |
| MN-307207 | 120.3 | Feb 12, 2025 | $289,600 | 2,407 | 1,431 | 60 |
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.