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Comparable sales & offer analysis

Parcel MN-121482

Lac qui Parle County, MN · 1.90 ac · Residential · Landlocked · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$14,900
Adjusted value
$14,511
Value range
$10,626–$18,396
Comp $/acre
$7,637/ac

Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.7% versus the adjusted value.

Offer position

Max allowable offer
$8,292
Offer $/acre
$4,364/ac
Projected profit
$4,353
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-1022203.3Jul 27, 2026$38,00011,7049,50981
MN-5211291.5Nov 23, 2025$9,7006,6035,35779
MN-9527644.8Jul 27, 2026$38,9008,0975,67473
MN-7009901.3Jan 22, 2024$16,10012,10810,66973
MN-5718012.4Oct 18, 2025$13,3005,5255,34472
MN-9406741.1Mar 2, 2025$10,80010,2198,50267
MN-7305511.0Apr 16, 2024$7,6007,8838,57464
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.