Comparable sales & offer analysis
Parcel MN-119264
Norman County, MN · 534 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,363,500
Adjusted value
$1,367,075
Value range
$1,183,521–$1,550,630
Comp $/acre
$2,560/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.3% versus the adjusted value.
Offer position
Max allowable offer
$781,186
Offer $/acre
$1,463/ac
Projected profit
$410,123
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-589789 | 781.0 | Jan 20, 2026 | $1,162,000 | 1,488 | 2,139 | 78 |
| MN-589644 | 703.1 | Jan 29, 2025 | $1,203,000 | 1,711 | 2,914 | 75 |
| MN-629945 | 874.5 | Mar 7, 2025 | $1,627,700 | 1,861 | 2,270 | 68 |
| MN-577670 | 168.3 | Sep 24, 2025 | $577,400 | 3,432 | 2,548 | 65 |
| MN-417670 | 168.3 | Dec 14, 2024 | $947,700 | 5,633 | 3,006 | 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.