Comparable sales & offer analysis
Parcel MN-908277
Morrison County, MN · 261 ac · Residential · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$900,500
Adjusted value
$850,926
Value range
$693,518–$1,008,334
Comp $/acre
$3,258/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.8% versus the adjusted value.
Offer position
Max allowable offer
$486,243
Offer $/acre
$1,862/ac
Projected profit
$255,278
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-448823 | 387.9 | Apr 30, 2026 | $1,713,500 | 4,417 | 3,616 | 79 |
| MN-937431 | 141.5 | Mar 21, 2026 | $813,000 | 5,745 | 4,192 | 73 |
| MN-989204 | 511.2 | Jul 27, 2026 | $1,452,100 | 2,840 | 2,500 | 72 |
| MN-814959 | 23.6 | Jul 27, 2026 | $143,700 | 6,088 | 3,018 | 67 |
| MN-604899 | 22.6 | Jun 7, 2026 | $130,700 | 5,782 | 2,865 | 64 |
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.