Comparable sales & offer analysis
Parcel MN-604913
Norman County, MN · 22.84 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$114,100
Adjusted value
$134,516
Value range
$102,410–$166,621
Comp $/acre
$5,889/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.2% versus the adjusted value.
Offer position
Max allowable offer
$76,866
Offer $/acre
$3,365/ac
Projected profit
$40,355
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 | 5,289 | 81 |
| MN-765056 | 25.3 | Jul 27, 2026 | $228,600 | 9,026 | 5,719 | 80 |
| MN-613419 | 7.7 | Jul 27, 2026 | $56,800 | 7,336 | 5,643 | 79 |
| MN-444612 | 18.4 | Jul 27, 2026 | $217,400 | 11,843 | 7,187 | 78 |
| MN-413529 | 8.4 | Dec 6, 2025 | $70,700 | 8,436 | 7,879 | 77 |
| MN-994379 | 15.5 | Jan 22, 2025 | $73,300 | 4,726 | 4,102 | 73 |
| MN-434560 | 17.7 | Jan 5, 2025 | $166,600 | 9,426 | 7,134 | 72 |
| MN-795831 | 44.4 | Apr 11, 2024 | $135,500 | 3,053 | 3,197 | 64 |
| MN-953217 | 6.7 | Jun 20, 2024 | $35,600 | 5,331 | 6,576 | 59 |
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.