Comparable sales & offer analysis
Parcel MN-952764
Lac qui Parle County, MN · 4.81 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$40,400
Adjusted value
$51,527
Value range
$39,965–$63,088
Comp $/acre
$10,712/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.6% versus the adjusted value.
Offer position
Max allowable offer
$29,444
Offer $/acre
$6,121/ac
Projected profit
$15,458
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-102220 | 3.3 | Jul 27, 2026 | $38,000 | 11,704 | 13,675 | 82 |
| MN-723553 | 8.5 | Feb 3, 2026 | $58,500 | 6,854 | 12,591 | 72 |
| MN-121482 | 1.9 | Apr 8, 2026 | $15,500 | 8,171 | 11,925 | 69 |
| MN-443605 | 8.8 | Jul 17, 2025 | $67,700 | 7,645 | 12,239 | 69 |
| MN-943491 | 8.2 | Feb 17, 2024 | $65,800 | 8,069 | 9,226 | 68 |
| MN-963212 | 6.7 | Nov 16, 2024 | $111,200 | 16,694 | 12,721 | 67 |
| MN-143674 | 9.3 | Nov 17, 2025 | $52,200 | 5,602 | 7,279 | 65 |
| MN-571801 | 2.4 | Oct 18, 2025 | $13,300 | 5,525 | 7,684 | 63 |
| MN-521129 | 1.5 | Nov 23, 2025 | $9,700 | 6,603 | 7,702 | 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.