Comparable sales & offer analysis
Parcel MN-657247
Koochiching County, MN · 124 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$291,600
Adjusted value
$275,783
Value range
$240,365–$311,200
Comp $/acre
$2,227/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.7% versus the adjusted value.
Offer position
Max allowable offer
$157,590
Offer $/acre
$1,272/ac
Projected profit
$82,735
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-307207 | 120.3 | Feb 12, 2025 | $289,600 | 2,407 | 1,861 | 77 |
| MN-617889 | 197.2 | May 11, 2024 | $391,600 | 1,986 | 2,476 | 72 |
| MN-826033 | 51.4 | Jul 27, 2026 | $233,900 | 4,550 | 2,726 | 71 |
| MN-795613 | 37.9 | May 18, 2026 | $115,800 | 3,053 | 2,029 | 70 |
| MN-915734 | 41.4 | Sep 7, 2024 | $100,400 | 2,426 | 2,063 | 64 |
| MN-628557 | 319.9 | Apr 18, 2024 | $436,400 | 1,364 | 1,958 | 61 |
| MN-188569 | 322.7 | Oct 20, 2025 | $639,900 | 1,983 | 2,313 | 60 |
| MN-355664 | 39.3 | Dec 4, 2024 | $133,500 | 3,392 | 2,406 | 59 |
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.