Comparable sales & offer analysis
Parcel MN-362264
Morrison County, MN · 3.35 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$37,100
Adjusted value
$35,710
Value range
$29,275–$42,144
Comp $/acre
$10,660/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.9% versus the adjusted value.
Offer position
Max allowable offer
$20,405
Offer $/acre
$6,091/ac
Projected profit
$10,713
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-112990 | 5.7 | Jul 27, 2026 | $50,000 | 8,827 | 12,974 | 75 |
| MN-253663 | 9.2 | Jul 27, 2026 | $57,200 | 6,194 | 10,913 | 71 |
| MN-403682 | 9.4 | Dec 17, 2024 | $58,900 | 6,298 | 11,856 | 62 |
| MN-534290 | 14.5 | Jun 8, 2024 | $78,800 | 5,418 | 9,315 | 60 |
| MN-390933 | 1.3 | Jul 28, 2024 | $6,200 | 4,878 | 7,451 | 58 |
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.