Comparable sales & offer analysis
Parcel MN-883275
Lake County, MN · 6.97 ac · Agricultural · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$66,300
Adjusted value
$59,162
Value range
$48,290–$70,035
Comp $/acre
$8,488/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.1% versus the adjusted value.
Offer position
Max allowable offer
$33,807
Offer $/acre
$4,850/ac
Projected profit
$17,749
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-893589 | 8.8 | Jun 14, 2024 | $55,700 | 6,365 | 10,172 | 73 |
| MN-513781 | 10.1 | Apr 22, 2025 | $46,800 | 4,650 | 6,944 | 73 |
| MN-742671 | 4.5 | Oct 9, 2025 | $18,400 | 4,099 | 8,222 | 70 |
| MN-932485 | 3.9 | Aug 22, 2024 | $28,600 | 7,271 | 11,056 | 68 |
| MN-191484 | 1.9 | Jul 27, 2026 | $8,700 | 4,605 | 7,410 | 66 |
| MN-825445 | 33.6 | Feb 27, 2026 | $132,200 | 3,939 | 6,589 | 64 |
| MN-751526 | 2.0 | Jan 25, 2025 | $12,500 | 6,354 | 8,911 | 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.