Comparable sales & offer analysis
Parcel MN-398149
Lake of the Woods County, MN · 238 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$720,400
Adjusted value
$762,078
Value range
$619,149–$905,007
Comp $/acre
$3,201/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.5% versus the adjusted value.
Offer position
Max allowable offer
$435,473
Offer $/acre
$1,829/ac
Projected profit
$228,623
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-518975 | 433.1 | Apr 21, 2026 | $1,509,900 | 3,486 | 2,359 | 79 |
| MN-687372 | 135.6 | Jul 27, 2026 | $435,800 | 3,214 | 3,267 | 78 |
| MN-498273 | 260.4 | Mar 19, 2025 | $856,700 | 3,289 | 2,436 | 73 |
| MN-637448 | 143.3 | Sep 4, 2025 | $762,500 | 5,322 | 3,826 | 73 |
| MN-727095 | 110.9 | Jul 27, 2026 | $517,900 | 4,669 | 3,029 | 73 |
| MN-837475 | 146.1 | May 4, 2026 | $812,800 | 5,563 | 3,959 | 71 |
| MN-626823 | 91.1 | Jun 13, 2024 | $388,900 | 4,269 | 2,977 | 64 |
| MN-209157 | 494.1 | Jun 30, 2025 | $2,662,800 | 5,389 | 3,920 | 63 |
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.