Comparable sales & offer analysis
Parcel MN-424627
Norman County, MN · 18.56 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$128,500
Adjusted value
$157,960
Value range
$128,507–$187,414
Comp $/acre
$8,511/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.7% versus the adjusted value.
Offer position
Max allowable offer
$90,263
Offer $/acre
$4,863/ac
Projected profit
$47,388
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-444612 | 18.4 | Jul 27, 2026 | $217,400 | 11,843 | 10,132 | 86 |
| MN-604913 | 22.8 | Jul 27, 2026 | $122,300 | 5,355 | 7,608 | 86 |
| MN-765056 | 25.3 | Jul 27, 2026 | $228,600 | 9,026 | 8,062 | 81 |
| MN-434560 | 17.7 | Jan 5, 2025 | $166,600 | 9,426 | 10,057 | 80 |
| MN-613419 | 7.7 | Jul 27, 2026 | $56,800 | 7,336 | 7,954 | 75 |
| MN-413529 | 8.4 | Dec 6, 2025 | $70,700 | 8,436 | 11,107 | 71 |
| MN-994379 | 15.5 | Jan 22, 2025 | $73,300 | 4,726 | 5,783 | 70 |
| MN-762964 | 5.6 | Jan 16, 2026 | $27,800 | 5,001 | 6,396 | 62 |
| MN-153089 | 6.1 | Sep 13, 2025 | $45,000 | 7,382 | 8,272 | 62 |
| MN-953217 | 6.7 | Jun 20, 2024 | $35,600 | 5,331 | 9,269 | 60 |
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.