Comparable sales & offer analysis
Parcel MN-487871
Lac qui Parle County, MN · 195 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,377,500
Adjusted value
$990,249
Value range
$885,441–$1,095,058
Comp $/acre
$5,088/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +39.1% versus the adjusted value.
Offer position
Max allowable offer
$565,857
Offer $/acre
$2,907/ac
Projected profit
$297,075
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 | 5,886 | 84 |
| MN-769169 | 498.4 | Mar 5, 2026 | $1,381,700 | 2,772 | 4,342 | 67 |
| MN-406561 | 75.3 | Jul 27, 2026 | $484,100 | 6,425 | 5,023 | 67 |
| MN-656417 | 67.9 | Apr 13, 2026 | $532,500 | 7,843 | 5,212 | 67 |
| MN-946371 | 65.7 | Jul 6, 2025 | $657,300 | 10,011 | 4,733 | 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.