Comparable sales & offer analysis
Parcel MN-112990
Morrison County, MN · 5.67 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$53,700
Adjusted value
$37,725
Value range
$31,840–$43,610
Comp $/acre
$6,653/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +42.3% versus the adjusted value.
Offer position
Max allowable offer
$21,557
Offer $/acre
$3,802/ac
Projected profit
$11,317
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 | 7,483 | 81 |
| MN-814959 | 23.6 | Jul 27, 2026 | $143,700 | 6,088 | 5,941 | 68 |
| MN-604899 | 22.6 | Jun 7, 2026 | $130,700 | 5,782 | 5,640 | 66 |
| MN-403682 | 9.4 | Dec 17, 2024 | $58,900 | 6,298 | 8,127 | 64 |
| MN-362264 | 3.4 | Apr 16, 2024 | $33,800 | 10,078 | 7,584 | 62 |
| MN-534290 | 14.5 | Jun 8, 2024 | $78,800 | 5,418 | 6,384 | 58 |
| MN-390933 | 1.3 | Jul 28, 2024 | $6,200 | 4,878 | 5,107 | 57 |
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.