Comparable sales & offer analysis
Parcel MN-406561
Lac qui Parle County, MN · 75.35 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$584,000
Adjusted value
$520,027
Value range
$404,573–$635,481
Comp $/acre
$6,901/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.3% versus the adjusted value.
Offer position
Max allowable offer
$297,158
Offer $/acre
$3,944/ac
Projected profit
$156,008
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-656417 | 67.9 | Apr 13, 2026 | $532,500 | 7,843 | 6,719 | 86 |
| MN-946371 | 65.7 | Jul 6, 2025 | $657,300 | 10,011 | 6,102 | 77 |
| MN-105786 | 43.0 | Oct 26, 2025 | $309,100 | 7,192 | 6,725 | 70 |
| MN-468012 | 215.6 | Jan 21, 2026 | $1,030,200 | 4,779 | 7,587 | 68 |
| MN-165180 | 27.7 | Sep 25, 2025 | $211,100 | 7,619 | 4,620 | 64 |
| MN-965545 | 36.1 | Nov 18, 2023 | $318,400 | 8,823 | 10,022 | 62 |
| MN-914940 | 23.3 | Jan 8, 2025 | $169,300 | 7,271 | 5,394 | 60 |
| MN-487871 | 194.6 | Jul 24, 2025 | $1,195,700 | 6,143 | 8,317 | 60 |
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.