Comparable sales & offer analysis
Parcel MN-487871
Lac qui Parle County, MN · 195 ac · Residential · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,377,500
Adjusted value
$984,754
Value range
$880,615–$1,088,893
Comp $/acre
$5,059/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +39.9% versus the adjusted value.
Offer position
Max allowable offer
$562,717
Offer $/acre
$2,891/ac
Projected profit
$295,426
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-468012 | 215.6 | Jan 21, 2026 | $1,030,200 | 4,779 | 5,854 | 85 |
| MN-769169 | 498.4 | Mar 5, 2026 | $1,381,700 | 2,772 | 4,318 | 68 |
| MN-406561 | 75.3 | Jul 27, 2026 | $484,100 | 6,425 | 4,995 | 68 |
| MN-656417 | 67.9 | Apr 13, 2026 | $532,500 | 7,843 | 5,184 | 68 |
| MN-946371 | 65.7 | Jul 6, 2025 | $657,300 | 10,011 | 4,708 | 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.