Comparable sales & offer analysis
Parcel MN-772492
Koochiching County, MN · 3.95 ac · Mixed Use · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$29,900
Adjusted value
$22,939
Value range
$16,829–$29,050
Comp $/acre
$5,807/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +30.3% versus the adjusted value.
Offer position
Max allowable offer
$13,108
Offer $/acre
$3,319/ac
Projected profit
$6,882
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 | 5,352 | 81 |
| MN-590857 | 1.2 | Jul 20, 2026 | $8,300 | 6,889 | 6,764 | 78 |
| MN-882843 | 5.1 | May 20, 2025 | $16,600 | 3,261 | 4,114 | 72 |
| MN-481696 | 2.2 | Aug 21, 2025 | $6,000 | 2,725 | 4,529 | 68 |
| MN-173310 | 7.2 | Oct 12, 2025 | $30,900 | 4,318 | 5,459 | 67 |
| MN-554062 | 12.3 | Feb 3, 2025 | $47,100 | 3,822 | 8,959 | 61 |
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.