Comparable sales & offer analysis
Parcel MN-481696
Koochiching County, MN · 2.22 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$7,100
Adjusted value
$8,152
Value range
$6,600–$9,704
Comp $/acre
$3,672/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.9% versus the adjusted value.
Offer position
Max allowable offer
$4,658
Offer $/acre
$2,098/ac
Projected profit
$2,446
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 | 3,372 | 77 |
| MN-590857 | 1.2 | Jul 20, 2026 | $8,300 | 6,889 | 4,261 | 75 |
| MN-110609 | 1.0 | Jan 19, 2026 | $4,200 | 4,112 | 3,597 | 71 |
| MN-882843 | 5.1 | May 20, 2025 | $16,600 | 3,261 | 2,591 | 70 |
| MN-772492 | 4.0 | Jun 30, 2024 | $27,600 | 6,994 | 4,824 | 63 |
| MN-173310 | 7.2 | Oct 12, 2025 | $30,900 | 4,318 | 3,439 | 57 |
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.