Comparable sales & offer analysis
Parcel MN-270702
Lake of the Woods County, MN · 1.08 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$8,600
Adjusted value
$9,278
Value range
$7,409–$11,147
Comp $/acre
$8,590/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.3% versus the adjusted value.
Offer position
Max allowable offer
$5,302
Offer $/acre
$4,909/ac
Projected profit
$2,783
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-900627 | 1.0 | Oct 10, 2025 | $4,400 | 4,356 | 8,089 | 83 |
| MN-230298 | 0.8 | Jul 27, 2026 | $5,200 | 6,391 | 9,168 | 82 |
| MN-231073 | 1.4 | May 25, 2026 | $6,600 | 4,713 | 5,806 | 81 |
| MN-561089 | 1.4 | Jun 4, 2026 | $5,300 | 3,695 | 7,892 | 78 |
| MN-461702 | 2.2 | May 13, 2026 | $22,000 | 9,880 | 11,748 | 74 |
| MN-681474 | 1.9 | Mar 10, 2026 | $16,500 | 8,720 | 10,410 | 72 |
| MN-400171 | 0.7 | Sep 19, 2025 | $2,800 | 3,766 | 8,223 | 72 |
| MN-481793 | 2.4 | Dec 20, 2025 | $7,200 | 3,041 | 6,681 | 67 |
| MN-762091 | 3.0 | Jun 7, 2025 | $22,800 | 7,702 | 9,582 | 62 |
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.
