Comparable sales & offer analysis
Parcel MN-613413
Lake of the Woods County, MN · 7.70 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$58,200
Adjusted value
$45,436
Value range
$33,967–$56,904
Comp $/acre
$5,901/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +28.1% versus the adjusted value.
Offer position
Max allowable offer
$25,963
Offer $/acre
$3,372/ac
Projected profit
$13,631
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-653307 | 7.1 | Jul 16, 2025 | $39,200 | 5,498 | 5,751 | 78 |
| MN-223449 | 7.9 | Oct 19, 2025 | $80,200 | 10,138 | 6,238 | 76 |
| MN-954202 | 13.6 | Jul 27, 2026 | $54,500 | 3,994 | 4,905 | 74 |
| MN-461702 | 2.2 | May 13, 2026 | $22,000 | 9,880 | 7,738 | 70 |
| MN-622452 | 3.8 | Mar 11, 2026 | $23,300 | 6,073 | 5,936 | 68 |
| MN-624731 | 20.0 | Sep 10, 2025 | $227,800 | 11,382 | 9,069 | 67 |
| MN-912830 | 5.0 | Aug 16, 2024 | $22,800 | 4,519 | 4,754 | 66 |
| MN-382500 | 4.0 | Dec 4, 2025 | $15,100 | 3,786 | 3,746 | 65 |
| MN-762091 | 3.0 | Jun 7, 2025 | $22,800 | 7,702 | 6,310 | 64 |
| MN-481793 | 2.4 | Dec 20, 2025 | $7,200 | 3,041 | 4,400 | 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.