Comparable sales & offer analysis
Parcel MN-730845
Lake County, MN · 1.20 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,500
Adjusted value
$6,721
Value range
$5,620–$7,822
Comp $/acre
$5,601/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.2% versus the adjusted value.
Offer position
Max allowable offer
$3,841
Offer $/acre
$3,200/ac
Projected profit
$2,016
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 | 4,674 | 81 |
| MN-200874 | 1.2 | Jun 9, 2025 | $7,700 | 6,314 | 5,714 | 77 |
| MN-450355 | 0.8 | Oct 30, 2025 | $3,300 | 3,928 | 4,783 | 75 |
| MN-790496 | 0.9 | Oct 21, 2025 | $5,000 | 5,418 | 4,818 | 74 |
| MN-650666 | 1.1 | Jan 12, 2025 | $5,500 | 5,199 | 7,041 | 73 |
| MN-751526 | 2.0 | Jan 25, 2025 | $12,500 | 6,354 | 5,620 | 69 |
| MN-932485 | 3.9 | Aug 22, 2024 | $28,600 | 7,271 | 6,973 | 58 |
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.