Comparable sales & offer analysis
Parcel MN-390933
Morrison County, MN · 1.28 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$6,700
Adjusted value
$10,369
Value range
$9,276–$11,463
Comp $/acre
$8,101/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -35.4% versus the adjusted value.
Offer position
Max allowable offer
$5,925
Offer $/acre
$4,629/ac
Projected profit
$3,111
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 | 9,278 | 68 |
| MN-253663 | 9.2 | Jul 27, 2026 | $57,200 | 6,194 | 7,804 | 62 |
| MN-362264 | 3.4 | Apr 16, 2024 | $33,800 | 10,078 | 7,909 | 57 |
| MN-403682 | 9.4 | Dec 17, 2024 | $58,900 | 6,298 | 8,476 | 55 |
| MN-534290 | 14.5 | Jun 8, 2024 | $78,800 | 5,418 | 6,659 | 50 |
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.