Comparable sales & offer analysis
Parcel MN-784727
Koochiching County, MN · 19.96 ac · Recreational · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$68,100
Adjusted value
$79,696
Value range
$65,741–$93,650
Comp $/acre
$3,993/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.6% versus the adjusted value.
Offer position
Max allowable offer
$45,540
Offer $/acre
$2,282/ac
Projected profit
$23,909
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 | 4,186 | 81 |
| MN-484973 | 23.9 | Sep 27, 2025 | $104,600 | 4,387 | 3,705 | 74 |
| MN-795613 | 37.9 | May 18, 2026 | $115,800 | 3,053 | 3,301 | 71 |
| MN-826033 | 51.4 | Jul 27, 2026 | $233,900 | 4,550 | 4,434 | 70 |
| MN-554062 | 12.3 | Feb 3, 2025 | $47,100 | 3,822 | 5,566 | 66 |
| MN-355664 | 39.3 | Dec 4, 2024 | $133,500 | 3,392 | 3,914 | 63 |
| MN-915734 | 41.4 | Sep 7, 2024 | $100,400 | 2,426 | 3,355 | 60 |
| MN-173310 | 7.2 | Oct 12, 2025 | $30,900 | 4,318 | 3,392 | 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.