Comparable sales & offer analysis
Parcel MN-989204
Morrison County, MN · 511 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,682,600
Adjusted value
$2,226,307
Value range
$2,048,202–$2,404,411
Comp $/acre
$4,355/ac
Weighted from 3 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.4% versus the adjusted value.
Offer position
Max allowable offer
$1,272,175
Offer $/acre
$2,489/ac
Projected profit
$667,892
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 | 4,139 | 80 |
| MN-937431 | 141.5 | Mar 21, 2026 | $813,000 | 5,745 | 4,799 | 69 |
| MN-908277 | 261.2 | Nov 4, 2025 | $917,600 | 3,513 | 4,153 | 65 |
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.