Comparable sales & offer analysis
Parcel MN-484973
Koochiching County, MN · 23.85 ac · Mixed Use · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$109,100
Adjusted value
$116,094
Value range
$95,451–$136,737
Comp $/acre
$4,868/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.0% versus the adjusted value.
Offer position
Max allowable offer
$66,339
Offer $/acre
$2,782/ac
Projected profit
$34,828
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 | 5,169 | 87 |
| MN-784727 | 20.0 | Jul 27, 2026 | $68,000 | 3,405 | 4,237 | 81 |
| MN-826033 | 51.4 | Jul 27, 2026 | $233,900 | 4,550 | 5,475 | 73 |
| MN-795613 | 37.9 | May 18, 2026 | $115,800 | 3,053 | 4,075 | 73 |
| MN-355664 | 39.3 | Dec 4, 2024 | $133,500 | 3,392 | 4,833 | 69 |
| MN-915734 | 41.4 | Sep 7, 2024 | $100,400 | 2,426 | 4,142 | 63 |
| MN-554062 | 12.3 | Feb 3, 2025 | $47,100 | 3,822 | 6,873 | 63 |
| MN-173310 | 7.2 | Oct 12, 2025 | $30,900 | 4,318 | 4,188 | 58 |
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.