Comparable sales & offer analysis
Parcel MN-908277
Morrison County, MN · 261 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$900,500
Adjusted value
$855,949
Value range
$697,628–$1,014,269
Comp $/acre
$3,277/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.2% versus the adjusted value.
Offer position
Max allowable offer
$489,113
Offer $/acre
$1,873/ac
Projected profit
$256,785
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 | 3,636 | 77 |
| MN-937431 | 141.5 | Mar 21, 2026 | $813,000 | 5,745 | 4,216 | 71 |
| MN-989204 | 511.2 | Jul 27, 2026 | $1,452,100 | 2,840 | 2,514 | 71 |
| MN-814959 | 23.6 | Jul 27, 2026 | $143,700 | 6,088 | 3,035 | 66 |
| MN-604899 | 22.6 | Jun 7, 2026 | $130,700 | 5,782 | 2,881 | 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.