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Comparable sales & offer analysis

Parcel MN-689726

Lac qui Parle County, MN · 746 ac · Residential · Paved · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$4,476,800
Adjusted value
$3,606,390
Value range
$3,130,651–$4,082,129
Comp $/acre
$4,833/ac

Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.1% versus the adjusted value.

Offer position

Max allowable offer
$2,060,794
Offer $/acre
$2,762/ac
Projected profit
$1,081,917
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
MN-819859821.6Apr 9, 2025$2,399,7002,9214,43775
MN-769169498.4Mar 5, 2026$1,381,7002,7724,05373
MN-468012215.6Jan 21, 2026$1,030,2004,7795,49564
MN-487871194.6Jul 24, 2025$1,195,7006,1436,02361
MN-65641767.9Apr 13, 2026$532,5007,8434,86660
MN-40656175.3Jul 27, 2026$484,1006,4254,68959
MN-94637165.7Jul 6, 2025$657,30010,0114,41952
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.