Comparable sales & offer analysis
Parcel MN-914940
Lac qui Parle County, MN · 23.29 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$159,300
Adjusted value
$219,498
Value range
$168,230–$270,766
Comp $/acre
$9,425/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -27.4% versus the adjusted value.
Offer position
Max allowable offer
$125,427
Offer $/acre
$5,385/ac
Projected profit
$65,849
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-165180 | 27.7 | Sep 25, 2025 | $211,100 | 7,619 | 6,682 | 84 |
| MN-105786 | 43.0 | Oct 26, 2025 | $309,100 | 7,192 | 9,726 | 72 |
| MN-656417 | 67.9 | Apr 13, 2026 | $532,500 | 7,843 | 9,717 | 72 |
| MN-723553 | 8.5 | Feb 3, 2026 | $58,500 | 6,854 | 10,987 | 71 |
| MN-406561 | 75.3 | Jul 27, 2026 | $484,100 | 6,425 | 9,364 | 69 |
| MN-143674 | 9.3 | Nov 17, 2025 | $52,200 | 5,602 | 6,351 | 65 |
| MN-443605 | 8.8 | Jul 17, 2025 | $67,700 | 7,645 | 10,680 | 64 |
| MN-965545 | 36.1 | Nov 18, 2023 | $318,400 | 8,823 | 14,494 | 64 |
| MN-943491 | 8.2 | Feb 17, 2024 | $65,800 | 8,069 | 8,051 | 63 |
| MN-946371 | 65.7 | Jul 6, 2025 | $657,300 | 10,011 | 8,824 | 61 |
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.