Comparable sales & offer analysis
Parcel MN-590857
Koochiching County, MN · 1.21 ac · Mixed Use · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$9,100
Adjusted value
$6,809
Value range
$5,320–$8,297
Comp $/acre
$5,627/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +33.7% versus the adjusted value.
Offer position
Max allowable offer
$3,891
Offer $/acre
$3,215/ac
Projected profit
$2,043
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-110609 | 1.0 | Jan 19, 2026 | $4,200 | 4,112 | 5,834 | 81 |
| MN-481696 | 2.2 | Aug 21, 2025 | $6,000 | 2,725 | 4,627 | 69 |
| MN-772492 | 4.0 | Jun 30, 2024 | $27,600 | 6,994 | 7,827 | 67 |
| MN-272504 | 4.0 | May 24, 2026 | $10,300 | 2,582 | 5,468 | 67 |
| MN-882843 | 5.1 | May 20, 2025 | $16,600 | 3,261 | 4,203 | 60 |
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.