Comparable sales & offer analysis
Parcel MN-518975
Lake of the Woods County, MN · 433 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,741,500
Adjusted value
$2,259,837
Value range
$1,921,812–$2,597,862
Comp $/acre
$5,218/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.9% versus the adjusted value.
Offer position
Max allowable offer
$1,291,335
Offer $/acre
$2,982/ac
Projected profit
$677,951
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 | 5,872 | 78 |
| MN-398149 | 238.1 | Jan 22, 2025 | $761,500 | 3,199 | 5,134 | 73 |
| MN-687372 | 135.6 | Jul 27, 2026 | $435,800 | 3,214 | 4,893 | 70 |
| MN-837475 | 146.1 | May 4, 2026 | $812,800 | 5,563 | 5,930 | 68 |
| MN-498273 | 260.4 | Mar 19, 2025 | $856,700 | 3,289 | 3,650 | 66 |
| MN-637448 | 143.3 | Sep 4, 2025 | $762,500 | 5,322 | 5,731 | 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.