Comparable sales & offer analysis
Parcel MN-115170
Koochiching County, MN · 27.51 ac · Agricultural · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$113,400
Adjusted value
$102,270
Value range
$83,933–$120,607
Comp $/acre
$3,718/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.9% versus the adjusted value.
Offer position
Max allowable offer
$58,440
Offer $/acre
$2,124/ac
Projected profit
$30,681
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-784727 | 20.0 | Jul 27, 2026 | $68,000 | 3,405 | 3,262 | 83 |
| MN-484973 | 23.9 | Sep 27, 2025 | $104,600 | 4,387 | 3,522 | 82 |
| MN-826033 | 51.4 | Jul 27, 2026 | $233,900 | 4,550 | 4,215 | 82 |
| MN-795613 | 37.9 | May 18, 2026 | $115,800 | 3,053 | 3,138 | 79 |
| MN-355664 | 39.3 | Dec 4, 2024 | $133,500 | 3,392 | 3,722 | 74 |
| MN-915734 | 41.4 | Sep 7, 2024 | $100,400 | 2,426 | 3,191 | 67 |
| MN-554062 | 12.3 | Feb 3, 2025 | $47,100 | 3,822 | 5,293 | 59 |
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.