Comparable sales & offer analysis
Parcel MN-191484
Lake County, MN · 1.90 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$9,700
Adjusted value
$10,519
Value range
$8,976–$12,062
Comp $/acre
$5,536/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.8% versus the adjusted value.
Offer position
Max allowable offer
$6,011
Offer $/acre
$3,164/ac
Projected profit
$3,156
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-751526 | 2.0 | Jan 25, 2025 | $12,500 | 6,354 | 5,551 | 80 |
| MN-200874 | 1.2 | Jun 9, 2025 | $7,700 | 6,314 | 5,644 | 74 |
| MN-730845 | 1.2 | Feb 5, 2025 | $5,600 | 4,629 | 4,891 | 72 |
| MN-742671 | 4.5 | Oct 9, 2025 | $18,400 | 4,099 | 5,121 | 71 |
| MN-450355 | 0.8 | Oct 30, 2025 | $3,300 | 3,928 | 4,723 | 67 |
| MN-790496 | 0.9 | Oct 21, 2025 | $5,000 | 5,418 | 4,758 | 65 |
| MN-650666 | 1.1 | Jan 12, 2025 | $5,500 | 5,199 | 6,955 | 63 |
| MN-932485 | 3.9 | Aug 22, 2024 | $28,600 | 7,271 | 6,888 | 61 |
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.