Comparable sales & offer analysis
Parcel MN-110609
Koochiching County, MN · 1.01 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,400
Adjusted value
$4,274
Value range
$3,309–$5,238
Comp $/acre
$4,232/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.0% versus the adjusted value.
Offer position
Max allowable offer
$2,442
Offer $/acre
$2,418/ac
Projected profit
$1,282
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-590857 | 1.2 | Jul 20, 2026 | $8,300 | 6,889 | 5,015 | 84 |
| MN-272504 | 4.0 | May 24, 2026 | $10,300 | 2,582 | 3,969 | 71 |
| MN-481696 | 2.2 | Aug 21, 2025 | $6,000 | 2,725 | 3,358 | 68 |
| MN-882843 | 5.1 | May 20, 2025 | $16,600 | 3,261 | 3,050 | 59 |
| MN-772492 | 4.0 | Jun 30, 2024 | $27,600 | 6,994 | 5,679 | 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.