Comparable sales & offer analysis
Parcel MN-826033
Koochiching County, MN · 51.40 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$231,100
Adjusted value
$190,805
Value range
$172,184–$209,425
Comp $/acre
$3,712/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.1% versus the adjusted value.
Offer position
Max allowable offer
$109,031
Offer $/acre
$2,121/ac
Projected profit
$57,241
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-115170 | 27.5 | Jul 15, 2026 | $109,100 | 3,966 | 4,329 | 80 |
| MN-795613 | 37.9 | May 18, 2026 | $115,800 | 3,053 | 3,413 | 80 |
| MN-355664 | 39.3 | Dec 4, 2024 | $133,500 | 3,392 | 4,048 | 77 |
| MN-915734 | 41.4 | Sep 7, 2024 | $100,400 | 2,426 | 3,469 | 73 |
| MN-784727 | 20.0 | Jul 27, 2026 | $68,000 | 3,405 | 3,549 | 70 |
| MN-484973 | 23.9 | Sep 27, 2025 | $104,600 | 4,387 | 3,831 | 67 |
| MN-657247 | 123.8 | Aug 9, 2025 | $268,000 | 2,164 | 3,816 | 64 |
| MN-307207 | 120.3 | Feb 12, 2025 | $289,600 | 2,407 | 3,131 | 63 |
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.