Comparable sales & offer analysis
Parcel MN-622452
Lake of the Woods County, MN · 3.84 ac · Residential · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$26,500
Adjusted value
$21,973
Value range
$16,786–$27,161
Comp $/acre
$5,722/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.6% versus the adjusted value.
Offer position
Max allowable offer
$12,556
Offer $/acre
$3,270/ac
Projected profit
$6,592
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-382500 | 4.0 | Dec 4, 2025 | $15,100 | 3,786 | 3,902 | 85 |
| MN-461702 | 2.2 | May 13, 2026 | $22,000 | 9,880 | 8,059 | 78 |
| MN-653307 | 7.1 | Jul 16, 2025 | $39,200 | 5,498 | 5,991 | 74 |
| MN-912830 | 5.0 | Aug 16, 2024 | $22,800 | 4,519 | 4,954 | 74 |
| MN-762091 | 3.0 | Jun 7, 2025 | $22,800 | 7,702 | 6,573 | 74 |
| MN-681474 | 1.9 | Mar 10, 2026 | $16,500 | 8,720 | 7,141 | 72 |
| MN-481793 | 2.4 | Dec 20, 2025 | $7,200 | 3,041 | 4,583 | 71 |
| MN-231073 | 1.4 | May 25, 2026 | $6,600 | 4,713 | 3,983 | 71 |
| MN-561089 | 1.4 | Jun 4, 2026 | $5,300 | 3,695 | 5,414 | 68 |
| MN-613413 | 7.7 | Jan 26, 2026 | $48,600 | 6,311 | 6,763 | 68 |
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.