Comparable sales & offer analysis
Parcel MN-790496
Lake County, MN · 0.93 ac · Residential · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,200
Adjusted value
$5,954
Value range
$5,054–$6,854
Comp $/acre
$6,402/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.7% versus the adjusted value.
Offer position
Max allowable offer
$3,402
Offer $/acre
$3,659/ac
Projected profit
$1,786
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-450355 | 0.8 | Oct 30, 2025 | $3,300 | 3,928 | 5,593 | 84 |
| MN-650666 | 1.1 | Jan 12, 2025 | $5,500 | 5,199 | 8,235 | 79 |
| MN-200874 | 1.2 | Jun 9, 2025 | $7,700 | 6,314 | 6,683 | 75 |
| MN-730845 | 1.2 | Feb 5, 2025 | $5,600 | 4,629 | 5,791 | 71 |
| MN-191484 | 1.9 | Jul 27, 2026 | $8,700 | 4,605 | 5,466 | 70 |
| MN-751526 | 2.0 | Jan 25, 2025 | $12,500 | 6,354 | 6,573 | 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.