Comparable sales & offer analysis
Parcel MN-306506
Lake County, MN · 72.41 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$347,600
Adjusted value
$240,172
Value range
$200,287–$280,058
Comp $/acre
$3,317/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +44.7% versus the adjusted value.
Offer position
Max allowable offer
$137,241
Offer $/acre
$1,895/ac
Projected profit
$72,052
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 | 4,082 | 82 |
| MN-825445 | 33.6 | Feb 27, 2026 | $132,200 | 3,939 | 2,841 | 76 |
| MN-406893 | 95.8 | Sep 14, 2025 | $160,800 | 1,677 | 2,784 | 75 |
| MN-127371 | 135.5 | Jun 29, 2026 | $396,300 | 2,925 | 2,826 | 75 |
| MN-506904 | 96.6 | Aug 5, 2025 | $276,100 | 2,858 | 2,759 | 71 |
| MN-217437 | 142.1 | Jan 25, 2024 | $435,000 | 3,061 | 4,023 | 66 |
| MN-746003 | 50.3 | Mar 21, 2025 | $185,300 | 3,684 | 3,671 | 66 |
| MN-145700 | 40.4 | Sep 25, 2024 | $177,200 | 4,388 | 3,631 | 62 |
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.