Comparable sales & offer analysis
Parcel MN-200874
Lake County, MN · 1.22 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$7,900
Adjusted value
$7,809
Value range
$6,462–$9,157
Comp $/acre
$6,401/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.2% versus the adjusted value.
Offer position
Max allowable offer
$4,462
Offer $/acre
$3,658/ac
Projected profit
$2,343
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-191484 | 1.9 | Jul 27, 2026 | $8,700 | 4,605 | 5,450 | 81 |
| MN-790496 | 0.9 | Oct 21, 2025 | $5,000 | 5,418 | 5,618 | 77 |
| MN-730845 | 1.2 | Feb 5, 2025 | $5,600 | 4,629 | 5,774 | 76 |
| MN-450355 | 0.8 | Oct 30, 2025 | $3,300 | 3,928 | 5,577 | 75 |
| MN-650666 | 1.1 | Jan 12, 2025 | $5,500 | 5,199 | 8,210 | 70 |
| MN-751526 | 2.0 | Jan 25, 2025 | $12,500 | 6,354 | 6,554 | 68 |
| MN-932485 | 3.9 | Aug 22, 2024 | $28,600 | 7,271 | 8,131 | 64 |
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.