Comparable sales & offer analysis
Parcel MN-448823
Morrison County, MN · 388 ac · Mixed Use · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,901,800
Adjusted value
$1,629,606
Value range
$1,287,347–$1,971,865
Comp $/acre
$4,201/ac
Weighted from 3 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.7% versus the adjusted value.
Offer position
Max allowable offer
$931,203
Offer $/acre
$2,401/ac
Projected profit
$488,882
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 | 3,110 | 83 |
| MN-908277 | 261.2 | Nov 4, 2025 | $917,600 | 3,513 | 4,511 | 74 |
| MN-937431 | 141.5 | Mar 21, 2026 | $813,000 | 5,745 | 5,213 | 66 |
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.