Comparable sales & offer analysis
Parcel MN-700990
Lac qui Parle County, MN · 1.33 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,300
Adjusted value
$12,812
Value range
$10,064–$15,560
Comp $/acre
$9,633/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +42.8% versus the adjusted value.
Offer position
Max allowable offer
$7,321
Offer $/acre
$5,504/ac
Projected profit
$3,844
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-121482 | 1.9 | Apr 8, 2026 | $15,500 | 8,171 | 10,484 | 82 |
| MN-102220 | 3.3 | Jul 27, 2026 | $38,000 | 11,704 | 12,022 | 80 |
| MN-521129 | 1.5 | Nov 23, 2025 | $9,700 | 6,603 | 6,771 | 78 |
| MN-940674 | 1.1 | Mar 2, 2025 | $10,800 | 10,219 | 10,745 | 71 |
| MN-571801 | 2.4 | Oct 18, 2025 | $13,300 | 5,525 | 6,755 | 69 |
| MN-730551 | 1.0 | Apr 16, 2024 | $7,600 | 7,883 | 10,834 | 66 |
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.