Comparable sales & offer analysis
Parcel MN-742671
Lake County, MN · 4.50 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$21,700
Adjusted value
$21,142
Value range
$17,712–$24,571
Comp $/acre
$4,698/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.6% versus the adjusted value.
Offer position
Max allowable offer
$12,081
Offer $/acre
$2,685/ac
Projected profit
$6,343
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 | 3,847 | 76 |
| MN-883275 | 7.0 | Jun 10, 2026 | $67,200 | 9,645 | 5,074 | 75 |
| MN-932485 | 3.9 | Aug 22, 2024 | $28,600 | 7,271 | 5,740 | 71 |
| MN-751526 | 2.0 | Jan 25, 2025 | $12,500 | 6,354 | 4,626 | 66 |
| MN-513781 | 10.1 | Apr 22, 2025 | $46,800 | 4,650 | 3,605 | 64 |
| MN-893589 | 8.8 | Jun 14, 2024 | $55,700 | 6,365 | 5,281 | 63 |
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.