Comparable sales & offer analysis
Parcel MN-937431
Morrison County, MN · 142 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$757,700
Adjusted value
$615,802
Value range
$528,039–$703,566
Comp $/acre
$4,352/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.0% versus the adjusted value.
Offer position
Max allowable offer
$351,887
Offer $/acre
$2,487/ac
Projected profit
$184,741
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-989204 | 511.2 | Jul 27, 2026 | $1,452,100 | 2,840 | 3,485 | 73 |
| MN-908277 | 261.2 | Nov 4, 2025 | $917,600 | 3,513 | 5,056 | 70 |
| MN-448823 | 387.9 | Apr 30, 2026 | $1,713,500 | 4,417 | 5,039 | 68 |
| MN-814959 | 23.6 | Jul 27, 2026 | $143,700 | 6,088 | 4,206 | 67 |
| MN-604899 | 22.6 | Jun 7, 2026 | $130,700 | 5,782 | 3,992 | 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.