Comparable sales & offer analysis
Parcel MN-121482
Lac qui Parle County, MN · 1.90 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$14,900
Adjusted value
$14,597
Value range
$10,692–$18,502
Comp $/acre
$7,683/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.1% versus the adjusted value.
Offer position
Max allowable offer
$8,341
Offer $/acre
$4,390/ac
Projected profit
$4,379
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 | 9,562 | 80 |
| MN-521129 | 1.5 | Nov 23, 2025 | $9,700 | 6,603 | 5,386 | 78 |
| MN-700990 | 1.3 | Jan 22, 2024 | $16,100 | 12,108 | 10,723 | 72 |
| MN-952764 | 4.8 | Jul 27, 2026 | $38,900 | 8,097 | 5,706 | 72 |
| MN-571801 | 2.4 | Oct 18, 2025 | $13,300 | 5,525 | 5,373 | 72 |
| MN-940674 | 1.1 | Mar 2, 2025 | $10,800 | 10,219 | 8,546 | 67 |
| MN-730551 | 1.0 | Apr 16, 2024 | $7,600 | 7,883 | 8,618 | 64 |
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.