Comparable sales & offer analysis
Parcel MN-762091
Lake of the Woods County, MN · 2.96 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$21,900
Adjusted value
$21,126
Value range
$16,059–$26,193
Comp $/acre
$7,137/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.7% versus the adjusted value.
Offer position
Max allowable offer
$12,072
Offer $/acre
$4,078/ac
Projected profit
$6,338
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-461702 | 2.2 | May 13, 2026 | $22,000 | 9,880 | 9,971 | 87 |
| MN-681474 | 1.9 | Mar 10, 2026 | $16,500 | 8,720 | 8,834 | 80 |
| MN-481793 | 2.4 | Dec 20, 2025 | $7,200 | 3,041 | 5,669 | 79 |
| MN-622452 | 3.8 | Mar 11, 2026 | $23,300 | 6,073 | 7,649 | 78 |
| MN-382500 | 4.0 | Dec 4, 2025 | $15,100 | 3,786 | 4,827 | 77 |
| MN-561089 | 1.4 | Jun 4, 2026 | $5,300 | 3,695 | 6,698 | 69 |
| MN-223449 | 7.9 | Oct 19, 2025 | $80,200 | 10,138 | 8,038 | 68 |
| MN-231073 | 1.4 | May 25, 2026 | $6,600 | 4,713 | 4,928 | 68 |
| MN-613413 | 7.7 | Jan 26, 2026 | $48,600 | 6,311 | 8,367 | 68 |
| MN-270702 | 1.1 | Dec 28, 2025 | $7,100 | 6,561 | 5,716 | 65 |
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.