Comparable sales & offer analysis
Parcel MN-217437
Lake County, MN · 142 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$433,300
Adjusted value
$406,563
Value range
$333,688–$479,438
Comp $/acre
$2,860/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.6% versus the adjusted value.
Offer position
Max allowable offer
$232,322
Offer $/acre
$1,635/ac
Projected profit
$121,969
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-127371 | 135.5 | Jun 29, 2026 | $396,300 | 2,925 | 2,394 | 86 |
| MN-558745 | 366.6 | Nov 29, 2025 | $964,400 | 2,631 | 2,916 | 70 |
| MN-536062 | 52.5 | Jul 27, 2026 | $277,900 | 5,295 | 3,457 | 69 |
| MN-306506 | 72.4 | Oct 21, 2024 | $300,000 | 4,143 | 3,796 | 68 |
| MN-506904 | 96.6 | Aug 5, 2025 | $276,100 | 2,858 | 2,336 | 68 |
| MN-406893 | 95.8 | Sep 14, 2025 | $160,800 | 1,677 | 2,357 | 67 |
| MN-208861 | 398.8 | Mar 17, 2026 | $756,200 | 1,896 | 2,629 | 66 |
| MN-746003 | 50.3 | Mar 21, 2025 | $185,300 | 3,684 | 3,109 | 62 |
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.