Comparable sales & offer analysis
Parcel MN-893589
Lake County, MN · 8.75 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$56,600
Adjusted value
$50,718
Value range
$42,184–$59,252
Comp $/acre
$5,796/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.6% versus the adjusted value.
Offer position
Max allowable offer
$28,982
Offer $/acre
$3,312/ac
Projected profit
$15,215
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-883275 | 7.0 | Jun 10, 2026 | $67,200 | 9,645 | 6,707 | 84 |
| MN-513781 | 10.1 | Apr 22, 2025 | $46,800 | 4,650 | 4,766 | 75 |
| MN-191484 | 1.9 | Jul 27, 2026 | $8,700 | 4,605 | 5,086 | 69 |
| MN-742671 | 4.5 | Oct 9, 2025 | $18,400 | 4,099 | 5,643 | 68 |
| MN-932485 | 3.9 | Aug 22, 2024 | $28,600 | 7,271 | 7,588 | 68 |
| MN-825445 | 33.6 | Feb 27, 2026 | $132,200 | 3,939 | 4,522 | 61 |
| MN-145700 | 40.4 | Sep 25, 2024 | $177,200 | 4,388 | 5,780 | 56 |
| MN-751526 | 2.0 | Jan 25, 2025 | $12,500 | 6,354 | 6,116 | 54 |
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.