Comparable sales & offer analysis
Parcel MN-421484
Norman County, MN · 1.90 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$9,200
Adjusted value
$12,536
Value range
$10,623–$14,450
Comp $/acre
$6,598/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.6% versus the adjusted value.
Offer position
Max allowable offer
$7,164
Offer $/acre
$3,770/ac
Projected profit
$3,761
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-941631 | 2.1 | Jul 27, 2026 | $11,700 | 5,518 | 5,777 | 85 |
| MN-831635 | 2.1 | Jul 27, 2026 | $12,700 | 5,979 | 6,039 | 84 |
| MN-772638 | 4.4 | Jul 27, 2026 | $30,200 | 6,880 | 7,362 | 73 |
| MN-602493 | 4.0 | Sep 1, 2025 | $19,500 | 4,929 | 5,259 | 67 |
| MN-762964 | 5.6 | Jan 16, 2026 | $27,800 | 5,001 | 6,274 | 64 |
| MN-153089 | 6.1 | Sep 13, 2025 | $45,000 | 7,382 | 8,114 | 64 |
| MN-710420 | 0.9 | Dec 1, 2023 | $4,200 | 4,811 | 7,930 | 57 |
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.