Comparable sales & offer analysis
Parcel MN-772492
Koochiching County, MN · 3.95 ac · Mixed Use · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$29,900
Adjusted value
$22,816
Value range
$16,745–$28,887
Comp $/acre
$5,776/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +31.0% versus the adjusted value.
Offer position
Max allowable offer
$13,038
Offer $/acre
$3,301/ac
Projected profit
$6,845
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-272504 | 4.0 | May 24, 2026 | $10,300 | 2,582 | 5,323 | 82 |
| MN-590857 | 1.2 | Jul 20, 2026 | $8,300 | 6,889 | 6,726 | 80 |
| MN-882843 | 5.1 | May 20, 2025 | $16,600 | 3,261 | 4,092 | 72 |
| MN-481696 | 2.2 | Aug 21, 2025 | $6,000 | 2,725 | 4,504 | 68 |
| MN-173310 | 7.2 | Oct 12, 2025 | $30,900 | 4,318 | 5,430 | 68 |
| MN-554062 | 12.3 | Feb 3, 2025 | $47,100 | 3,822 | 8,912 | 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.