Comparable sales & offer analysis
Parcel MN-689726
Lac qui Parle County, MN · 746 ac · Residential · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$4,476,800
Adjusted value
$3,586,965
Value range
$3,114,145–$4,059,785
Comp $/acre
$4,807/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.8% versus the adjusted value.
Offer position
Max allowable offer
$2,049,694
Offer $/acre
$2,747/ac
Projected profit
$1,076,089
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-819859 | 821.6 | Apr 9, 2025 | $2,399,700 | 2,921 | 4,414 | 76 |
| MN-769169 | 498.4 | Mar 5, 2026 | $1,381,700 | 2,772 | 4,031 | 74 |
| MN-468012 | 215.6 | Jan 21, 2026 | $1,030,200 | 4,779 | 5,465 | 65 |
| MN-487871 | 194.6 | Jul 24, 2025 | $1,195,700 | 6,143 | 5,991 | 61 |
| MN-656417 | 67.9 | Apr 13, 2026 | $532,500 | 7,843 | 4,839 | 61 |
| MN-406561 | 75.3 | Jul 27, 2026 | $484,100 | 6,425 | 4,663 | 60 |
| MN-946371 | 65.7 | Jul 6, 2025 | $657,300 | 10,011 | 4,395 | 52 |
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.