Comparable sales & offer analysis
Parcel MN-127371
Lake County, MN · 136 ac · Unzoned · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$371,800
Adjusted value
$503,768
Value range
$423,974–$583,562
Comp $/acre
$3,718/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.2% versus the adjusted value.
Offer position
Max allowable offer
$287,867
Offer $/acre
$2,124/ac
Projected profit
$151,130
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-217437 | 142.1 | Jan 25, 2024 | $435,000 | 3,061 | 4,209 | 74 |
| MN-536062 | 52.5 | Jul 27, 2026 | $277,900 | 5,295 | 4,271 | 72 |
| MN-558745 | 366.6 | Nov 29, 2025 | $964,400 | 2,631 | 3,603 | 70 |
| MN-406893 | 95.8 | Sep 14, 2025 | $160,800 | 1,677 | 2,912 | 70 |
| MN-208861 | 398.8 | Mar 17, 2026 | $756,200 | 1,896 | 3,247 | 69 |
| MN-506904 | 96.6 | Aug 5, 2025 | $276,100 | 2,858 | 2,886 | 66 |
| MN-306506 | 72.4 | Oct 21, 2024 | $300,000 | 4,143 | 4,690 | 65 |
| MN-746003 | 50.3 | Mar 21, 2025 | $185,300 | 3,684 | 3,841 | 60 |
| MN-145700 | 40.4 | Sep 25, 2024 | $177,200 | 4,388 | 3,799 | 59 |
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.