Comparable sales & offer analysis
Parcel MN-145700
Lake County, MN · 40.38 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$195,800
Adjusted value
$176,767
Value range
$142,122–$211,413
Comp $/acre
$4,378/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.8% versus the adjusted value.
Offer position
Max allowable offer
$101,010
Offer $/acre
$2,501/ac
Projected profit
$53,030
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-536062 | 52.5 | Jul 27, 2026 | $277,900 | 5,295 | 5,322 | 78 |
| MN-746003 | 50.3 | Mar 21, 2025 | $185,300 | 3,684 | 4,787 | 75 |
| MN-825445 | 33.6 | Feb 27, 2026 | $132,200 | 3,939 | 3,705 | 75 |
| MN-127371 | 135.5 | Jun 29, 2026 | $396,300 | 2,925 | 3,685 | 70 |
| MN-506904 | 96.6 | Aug 5, 2025 | $276,100 | 2,858 | 3,598 | 67 |
| MN-306506 | 72.4 | Oct 21, 2024 | $300,000 | 4,143 | 5,846 | 63 |
| MN-406893 | 95.8 | Sep 14, 2025 | $160,800 | 1,677 | 3,630 | 61 |
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.