Comparable sales & offer analysis
Parcel MN-326111
Lake of the Woods County, MN · 54.39 ac · Residential · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$218,200
Adjusted value
$272,146
Value range
$195,945–$348,347
Comp $/acre
$5,004/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.8% versus the adjusted value.
Offer position
Max allowable offer
$155,512
Offer $/acre
$2,859/ac
Projected profit
$81,644
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-687372 | 135.6 | Jul 27, 2026 | $435,800 | 3,214 | 5,769 | 74 |
| MN-376017 | 50.8 | Apr 15, 2024 | $198,600 | 3,908 | 3,529 | 72 |
| MN-727095 | 110.9 | Jul 27, 2026 | $517,900 | 4,669 | 5,348 | 72 |
| MN-995375 | 31.9 | Jul 27, 2026 | $110,900 | 3,476 | 3,096 | 71 |
| MN-837475 | 146.1 | May 4, 2026 | $812,800 | 5,563 | 6,991 | 68 |
| MN-715505 | 35.1 | Jun 11, 2025 | $100,600 | 2,868 | 3,160 | 67 |
| MN-626823 | 91.1 | Jun 13, 2024 | $388,900 | 4,269 | 5,256 | 65 |
| MN-624731 | 20.0 | Sep 10, 2025 | $227,800 | 11,382 | 6,839 | 65 |
| MN-955394 | 32.4 | Apr 26, 2024 | $101,700 | 3,144 | 3,571 | 62 |
| MN-637448 | 143.3 | Sep 4, 2025 | $762,500 | 5,322 | 6,756 | 59 |
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.
