Comparable sales & offer analysis
Parcel MN-518975
Lake of the Woods County, MN · 433 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$1,741,500
Adjusted value
$2,271,771
Value range
$1,931,572–$2,611,970
Comp $/acre
$5,246/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.3% versus the adjusted value.
Offer position
Max allowable offer
$1,298,155
Offer $/acre
$2,997/ac
Projected profit
$681,531
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-209157 | 494.1 | Jun 30, 2025 | $2,662,800 | 5,389 | 5,904 | 77 |
| MN-398149 | 238.1 | Jan 22, 2025 | $761,500 | 3,199 | 5,161 | 72 |
| MN-687372 | 135.6 | Jul 27, 2026 | $435,800 | 3,214 | 4,920 | 68 |
| MN-837475 | 146.1 | May 4, 2026 | $812,800 | 5,563 | 5,962 | 67 |
| MN-498273 | 260.4 | Mar 19, 2025 | $856,700 | 3,289 | 3,670 | 66 |
| MN-637448 | 143.3 | Sep 4, 2025 | $762,500 | 5,322 | 5,762 | 64 |
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.