Comparable sales & offer analysis
Parcel MN-272504
Koochiching County, MN · 3.99 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$10,500
Adjusted value
$11,993
Value range
$8,685–$15,300
Comp $/acre
$3,006/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.4% versus the adjusted value.
Offer position
Max allowable offer
$6,853
Offer $/acre
$1,718/ac
Projected profit
$3,598
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-882843 | 5.1 | May 20, 2025 | $16,600 | 3,261 | 2,014 | 76 |
| MN-481696 | 2.2 | Aug 21, 2025 | $6,000 | 2,725 | 2,217 | 72 |
| MN-772492 | 4.0 | Jun 30, 2024 | $27,600 | 6,994 | 3,750 | 71 |
| MN-590857 | 1.2 | Jul 20, 2026 | $8,300 | 6,889 | 3,312 | 67 |
| MN-173310 | 7.2 | Oct 12, 2025 | $30,900 | 4,318 | 2,673 | 67 |
| MN-554062 | 12.3 | Feb 3, 2025 | $47,100 | 3,822 | 4,387 | 58 |
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.