Comparable sales & offer analysis
Parcel MN-450355
Lake County, MN · 0.84 ac · Residential · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$3,200
Adjusted value
$3,893
Value range
$3,314–$4,471
Comp $/acre
$4,634/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.8% versus the adjusted value.
Offer position
Max allowable offer
$2,224
Offer $/acre
$2,648/ac
Projected profit
$1,168
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-790496 | 0.9 | Oct 21, 2025 | $5,000 | 5,418 | 4,088 | 85 |
| MN-650666 | 1.1 | Jan 12, 2025 | $5,500 | 5,199 | 5,976 | 75 |
| MN-200874 | 1.2 | Jun 9, 2025 | $7,700 | 6,314 | 4,849 | 74 |
| MN-191484 | 1.9 | Jul 27, 2026 | $8,700 | 4,605 | 3,966 | 73 |
| MN-730845 | 1.2 | Feb 5, 2025 | $5,600 | 4,629 | 4,202 | 72 |
| MN-751526 | 2.0 | Jan 25, 2025 | $12,500 | 6,354 | 4,770 | 68 |
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.