Comparable sales & offer analysis
Parcel MN-656417
Lac qui Parle County, MN · 67.89 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$551,200
Adjusted value
$552,681
Value range
$427,759–$677,603
Comp $/acre
$8,141/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.3% versus the adjusted value.
Offer position
Max allowable offer
$315,818
Offer $/acre
$4,652/ac
Projected profit
$165,804
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-406561 | 75.3 | Jul 27, 2026 | $484,100 | 6,425 | 7,709 | 88 |
| MN-946371 | 65.7 | Jul 6, 2025 | $657,300 | 10,011 | 7,264 | 75 |
| MN-105786 | 43.0 | Oct 26, 2025 | $309,100 | 7,192 | 8,006 | 72 |
| MN-165180 | 27.7 | Sep 25, 2025 | $211,100 | 7,619 | 5,500 | 67 |
| MN-914940 | 23.3 | Jan 8, 2025 | $169,300 | 7,271 | 6,421 | 64 |
| MN-468012 | 215.6 | Jan 21, 2026 | $1,030,200 | 4,779 | 9,032 | 63 |
| MN-965545 | 36.1 | Nov 18, 2023 | $318,400 | 8,823 | 11,931 | 63 |
| MN-487871 | 194.6 | Jul 24, 2025 | $1,195,700 | 6,143 | 9,901 | 62 |
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.