Comparable sales & offer analysis
Parcel MN-468012
Lac qui Parle County, MN · 216 ac · Residential · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$971,000
Adjusted value
$960,336
Value range
$822,022–$1,098,649
Comp $/acre
$4,455/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.1% versus the adjusted value.
Offer position
Max allowable offer
$548,763
Offer $/acre
$2,546/ac
Projected profit
$288,101
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-487871 | 194.6 | Jul 24, 2025 | $1,195,700 | 6,143 | 5,392 | 81 |
| MN-769169 | 498.4 | Mar 5, 2026 | $1,381,700 | 2,772 | 3,629 | 74 |
| MN-406561 | 75.3 | Jul 27, 2026 | $484,100 | 6,425 | 4,198 | 72 |
| MN-656417 | 67.9 | Apr 13, 2026 | $532,500 | 7,843 | 4,356 | 65 |
| MN-946371 | 65.7 | Jul 6, 2025 | $657,300 | 10,011 | 3,956 | 61 |
| MN-689726 | 746.2 | Feb 22, 2025 | $4,011,200 | 5,376 | 5,139 | 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.