Comparable sales & offer analysis
Parcel MN-382500
Lake of the Woods County, MN · 3.98 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$17,300
Adjusted value
$23,450
Value range
$18,693–$28,207
Comp $/acre
$5,892/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.2% versus the adjusted value.
Offer position
Max allowable offer
$13,400
Offer $/acre
$3,367/ac
Projected profit
$7,035
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-622452 | 3.8 | Mar 11, 2026 | $23,300 | 6,073 | 6,209 | 86 |
| MN-461702 | 2.2 | May 13, 2026 | $22,000 | 9,880 | 8,093 | 75 |
| MN-762091 | 3.0 | Jun 7, 2025 | $22,800 | 7,702 | 6,600 | 74 |
| MN-954202 | 13.6 | Jul 27, 2026 | $54,500 | 3,994 | 5,130 | 72 |
| MN-481793 | 2.4 | Dec 20, 2025 | $7,200 | 3,041 | 4,602 | 72 |
| MN-912830 | 5.0 | Aug 16, 2024 | $22,800 | 4,519 | 4,973 | 72 |
| MN-681474 | 1.9 | Mar 10, 2026 | $16,500 | 8,720 | 7,171 | 71 |
| MN-231073 | 1.4 | May 25, 2026 | $6,600 | 4,713 | 4,000 | 71 |
| MN-561089 | 1.4 | Jun 4, 2026 | $5,300 | 3,695 | 5,437 | 70 |
| MN-223449 | 7.9 | Oct 19, 2025 | $80,200 | 10,138 | 6,524 | 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.