Comparable sales & offer analysis
Parcel MN-882843
Koochiching County, MN · 5.10 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,500
Adjusted value
$26,667
Value range
$19,927–$33,407
Comp $/acre
$5,229/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.6% versus the adjusted value.
Offer position
Max allowable offer
$15,238
Offer $/acre
$2,988/ac
Projected profit
$8,000
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 | 4,488 | 82 |
| MN-173310 | 7.2 | Oct 12, 2025 | $30,900 | 4,318 | 4,578 | 71 |
| MN-481696 | 2.2 | Aug 21, 2025 | $6,000 | 2,725 | 3,797 | 71 |
| MN-772492 | 4.0 | Jun 30, 2024 | $27,600 | 6,994 | 6,421 | 68 |
| MN-554062 | 12.3 | Feb 3, 2025 | $47,100 | 3,822 | 7,512 | 56 |
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.