Comparable sales & offer analysis
Parcel MN-230298
Lake of the Woods County, MN · 0.81 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$6,200
Adjusted value
$4,639
Value range
$3,592–$5,686
Comp $/acre
$5,727/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +33.6% versus the adjusted value.
Offer position
Max allowable offer
$2,651
Offer $/acre
$3,273/ac
Projected profit
$1,392
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-400171 | 0.7 | Sep 19, 2025 | $2,800 | 3,766 | 5,776 | 78 |
| MN-270702 | 1.1 | Dec 28, 2025 | $7,100 | 6,561 | 4,732 | 75 |
| MN-231073 | 1.4 | May 25, 2026 | $6,600 | 4,713 | 4,079 | 75 |
| MN-561089 | 1.4 | Jun 4, 2026 | $5,300 | 3,695 | 5,544 | 75 |
| MN-900627 | 1.0 | Oct 10, 2025 | $4,400 | 4,356 | 5,682 | 70 |
| MN-461702 | 2.2 | May 13, 2026 | $22,000 | 9,880 | 8,254 | 69 |
| MN-681474 | 1.9 | Mar 10, 2026 | $16,500 | 8,720 | 7,313 | 63 |
| MN-481793 | 2.4 | Dec 20, 2025 | $7,200 | 3,041 | 4,693 | 61 |
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.