Comparable sales & offer analysis
Parcel MN-825445
Lake County, MN · 33.57 ac · Residential · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$159,500
Adjusted value
$168,637
Value range
$139,323–$197,951
Comp $/acre
$5,023/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.4% versus the adjusted value.
Offer position
Max allowable offer
$96,364
Offer $/acre
$2,871/ac
Projected profit
$50,591
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-536062 | 52.5 | Jul 27, 2026 | $277,900 | 5,295 | 5,800 | 79 |
| MN-306506 | 72.4 | Oct 21, 2024 | $300,000 | 4,143 | 6,370 | 69 |
| MN-746003 | 50.3 | Mar 21, 2025 | $185,300 | 3,684 | 5,216 | 67 |
| MN-145700 | 40.4 | Sep 25, 2024 | $177,200 | 4,388 | 5,161 | 67 |
| MN-513781 | 10.1 | Apr 22, 2025 | $46,800 | 4,650 | 4,255 | 62 |
| MN-406893 | 95.8 | Sep 14, 2025 | $160,800 | 1,677 | 3,956 | 62 |
| MN-506904 | 96.6 | Aug 5, 2025 | $276,100 | 2,858 | 3,921 | 57 |
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.