Comparable sales & offer analysis
Parcel MN-604913
Norman County, MN · 22.84 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$114,100
Adjusted value
$133,841
Value range
$101,958–$165,725
Comp $/acre
$5,860/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.7% versus the adjusted value.
Offer position
Max allowable offer
$76,481
Offer $/acre
$3,349/ac
Projected profit
$40,152
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-424627 | 18.6 | Jan 19, 2026 | $134,400 | 7,242 | 5,260 | 82 |
| MN-765056 | 25.3 | Jul 27, 2026 | $228,600 | 9,026 | 5,687 | 81 |
| MN-613419 | 7.7 | Jul 27, 2026 | $56,800 | 7,336 | 5,611 | 80 |
| MN-444612 | 18.4 | Jul 27, 2026 | $217,400 | 11,843 | 7,148 | 79 |
| MN-413529 | 8.4 | Dec 6, 2025 | $70,700 | 8,436 | 7,837 | 78 |
| MN-994379 | 15.5 | Jan 22, 2025 | $73,300 | 4,726 | 4,081 | 74 |
| MN-434560 | 17.7 | Jan 5, 2025 | $166,600 | 9,426 | 7,097 | 72 |
| MN-795831 | 44.4 | Apr 11, 2024 | $135,500 | 3,053 | 3,181 | 65 |
| MN-953217 | 6.7 | Jun 20, 2024 | $35,600 | 5,331 | 6,542 | 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.