Comparable sales & offer analysis
Parcel MN-577670
Norman County, MN · 168 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$626,300
Adjusted value
$672,310
Value range
$562,099–$782,521
Comp $/acre
$3,996/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.8% versus the adjusted value.
Offer position
Max allowable offer
$384,177
Offer $/acre
$2,283/ac
Projected profit
$201,693
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-627108 | 112.0 | Jul 27, 2026 | $498,400 | 4,451 | 2,793 | 82 |
| MN-417670 | 168.3 | Dec 14, 2024 | $947,700 | 5,633 | 4,200 | 79 |
| MN-537511 | 150.0 | Jul 8, 2025 | $719,900 | 4,801 | 3,946 | 78 |
| MN-227339 | 132.4 | Oct 7, 2025 | $713,300 | 5,388 | 5,236 | 77 |
| MN-497498 | 148.6 | Apr 2, 2025 | $430,900 | 2,901 | 3,449 | 76 |
| MN-266694 | 83.0 | Jul 27, 2026 | $701,600 | 8,456 | 4,180 | 75 |
| MN-357168 | 117.0 | Jun 15, 2024 | $404,700 | 3,460 | 3,989 | 72 |
| MN-836899 | 96.3 | Nov 22, 2024 | $473,800 | 4,922 | 4,517 | 69 |
| MN-119264 | 533.9 | Nov 24, 2025 | $1,388,000 | 2,600 | 3,743 | 66 |
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.