Comparable sales & offer analysis
Parcel MN-831635
Norman County, MN · 2.12 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,700
Adjusted value
$14,308
Value range
$11,600–$17,016
Comp $/acre
$6,749/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.2% versus the adjusted value.
Offer position
Max allowable offer
$8,176
Offer $/acre
$3,857/ac
Projected profit
$4,293
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 | 5,765 | 87 |
| MN-421484 | 1.9 | Mar 7, 2025 | $9,900 | 5,186 | 5,517 | 75 |
| MN-602493 | 4.0 | Sep 1, 2025 | $19,500 | 4,929 | 5,247 | 74 |
| MN-772638 | 4.4 | Jul 27, 2026 | $30,200 | 6,880 | 7,346 | 71 |
| MN-762964 | 5.6 | Jan 16, 2026 | $27,800 | 5,001 | 6,260 | 69 |
| MN-153089 | 6.1 | Sep 13, 2025 | $45,000 | 7,382 | 8,096 | 60 |
| MN-710420 | 0.9 | Dec 1, 2023 | $4,200 | 4,811 | 7,912 | 58 |
| MN-953217 | 6.7 | Jun 20, 2024 | $35,600 | 5,331 | 9,072 | 56 |
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.