Comparable sales & offer analysis
Parcel MN-604899
Morrison County, MN · 22.60 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$122,000
Adjusted value
$170,095
Value range
$143,929–$196,261
Comp $/acre
$7,526/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.3% versus the adjusted value.
Offer position
Max allowable offer
$97,197
Offer $/acre
$4,301/ac
Projected profit
$51,029
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-814959 | 23.6 | Jul 27, 2026 | $143,700 | 6,088 | 6,173 | 96 |
| MN-253663 | 9.2 | Jul 27, 2026 | $57,200 | 6,194 | 7,775 | 69 |
| MN-112990 | 5.7 | Jul 27, 2026 | $50,000 | 8,827 | 9,242 | 67 |
| MN-534290 | 14.5 | Jun 8, 2024 | $78,800 | 5,418 | 6,633 | 66 |
| MN-403682 | 9.4 | Dec 17, 2024 | $58,900 | 6,298 | 8,444 | 62 |
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.