Comparable sales & offer analysis
Parcel MN-403682
Morrison County, MN · 9.36 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$56,300
Adjusted value
$54,691
Value range
$45,923–$63,458
Comp $/acre
$5,843/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.9% versus the adjusted value.
Offer position
Max allowable offer
$31,252
Offer $/acre
$3,339/ac
Projected profit
$16,407
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-253663 | 9.2 | Jul 27, 2026 | $57,200 | 6,194 | 6,236 | 86 |
| MN-112990 | 5.7 | Jul 27, 2026 | $50,000 | 8,827 | 7,413 | 74 |
| MN-604899 | 22.6 | Jun 7, 2026 | $130,700 | 5,782 | 4,700 | 70 |
| MN-814959 | 23.6 | Jul 27, 2026 | $143,700 | 6,088 | 4,951 | 70 |
| MN-534290 | 14.5 | Jun 8, 2024 | $78,800 | 5,418 | 5,320 | 68 |
| MN-362264 | 3.4 | Apr 16, 2024 | $33,800 | 10,078 | 6,320 | 60 |
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.