Comparable sales & offer analysis
Parcel MN-231073
Lake of the Woods County, MN · 1.41 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$7,700
Adjusted value
$9,685
Value range
$7,711–$11,659
Comp $/acre
$6,869/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.5% versus the adjusted value.
Offer position
Max allowable offer
$5,534
Offer $/acre
$3,925/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-561089 | 1.4 | Jun 4, 2026 | $5,300 | 3,695 | 6,466 | 90 |
| MN-230298 | 0.8 | Jul 27, 2026 | $5,200 | 6,391 | 7,512 | 78 |
| MN-270702 | 1.1 | Dec 28, 2025 | $7,100 | 6,561 | 5,519 | 78 |
| MN-461702 | 2.2 | May 13, 2026 | $22,000 | 9,880 | 9,626 | 75 |
| MN-681474 | 1.9 | Mar 10, 2026 | $16,500 | 8,720 | 8,529 | 74 |
| MN-900627 | 1.0 | Oct 10, 2025 | $4,400 | 4,356 | 6,628 | 72 |
| MN-481793 | 2.4 | Dec 20, 2025 | $7,200 | 3,041 | 5,474 | 71 |
| MN-622452 | 3.8 | Mar 11, 2026 | $23,300 | 6,073 | 7,385 | 69 |
| MN-400171 | 0.7 | Sep 19, 2025 | $2,800 | 3,766 | 6,738 | 69 |
| MN-382500 | 4.0 | Dec 4, 2025 | $15,100 | 3,786 | 4,661 | 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.