Comparable sales & offer analysis
Parcel MN-513781
Lake County, MN · 10.06 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$54,900
Adjusted value
$65,465
Value range
$54,442–$76,489
Comp $/acre
$6,507/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.1% versus the adjusted value.
Offer position
Max allowable offer
$37,409
Offer $/acre
$3,719/ac
Projected profit
$19,640
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-883275 | 7.0 | Jun 10, 2026 | $67,200 | 9,645 | 6,942 | 80 |
| MN-893589 | 8.8 | Jun 14, 2024 | $55,700 | 6,365 | 7,225 | 72 |
| MN-825445 | 33.6 | Feb 27, 2026 | $132,200 | 3,939 | 4,680 | 67 |
| MN-742671 | 4.5 | Oct 9, 2025 | $18,400 | 4,099 | 5,840 | 66 |
| MN-932485 | 3.9 | Aug 22, 2024 | $28,600 | 7,271 | 7,853 | 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.