Comparable sales & offer analysis
Parcel MN-589789
Norman County, MN · 781 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,393,300
Adjusted value
$1,486,992
Value range
$1,348,813–$1,625,170
Comp $/acre
$1,904/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.3% versus the adjusted value.
Offer position
Max allowable offer
$849,709
Offer $/acre
$1,088/ac
Projected profit
$446,097
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-629945 | 874.5 | Mar 7, 2025 | $1,627,700 | 1,861 | 1,625 | 80 |
| MN-589644 | 703.1 | Jan 29, 2025 | $1,203,000 | 1,711 | 2,086 | 78 |
| MN-119264 | 533.9 | Nov 24, 2025 | $1,388,000 | 2,600 | 1,918 | 76 |
| MN-577670 | 168.3 | Sep 24, 2025 | $577,400 | 3,432 | 1,825 | 60 |
| MN-497498 | 148.6 | Apr 2, 2025 | $430,900 | 2,901 | 1,768 | 55 |
| MN-537511 | 150.0 | Jul 8, 2025 | $719,900 | 4,801 | 2,022 | 54 |
| MN-417670 | 168.3 | Dec 14, 2024 | $947,700 | 5,633 | 2,152 | 53 |
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.