Comparable sales & offer analysis
Parcel MN-481793
Lake of the Woods County, MN · 2.38 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$7,900
Adjusted value
$9,688
Value range
$7,646–$11,730
Comp $/acre
$4,071/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.5% versus the adjusted value.
Offer position
Max allowable offer
$5,536
Offer $/acre
$2,326/ac
Projected profit
$2,906
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-681474 | 1.9 | Mar 10, 2026 | $16,500 | 8,720 | 4,894 | 83 |
| MN-461702 | 2.2 | May 13, 2026 | $22,000 | 9,880 | 5,524 | 82 |
| MN-561089 | 1.4 | Jun 4, 2026 | $5,300 | 3,695 | 3,711 | 77 |
| MN-762091 | 3.0 | Jun 7, 2025 | $22,800 | 7,702 | 4,504 | 76 |
| MN-231073 | 1.4 | May 25, 2026 | $6,600 | 4,713 | 2,730 | 73 |
| MN-622452 | 3.8 | Mar 11, 2026 | $23,300 | 6,073 | 4,238 | 72 |
| MN-382500 | 4.0 | Dec 4, 2025 | $15,100 | 3,786 | 2,674 | 72 |
| MN-900627 | 1.0 | Oct 10, 2025 | $4,400 | 4,356 | 3,803 | 70 |
| MN-223449 | 7.9 | Oct 19, 2025 | $80,200 | 10,138 | 4,453 | 69 |
| MN-400171 | 0.7 | Sep 19, 2025 | $2,800 | 3,766 | 3,866 | 67 |
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.