Comparable sales & offer analysis
Parcel MN-602493
Norman County, MN · 3.96 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,000
Adjusted value
$28,727
Value range
$22,415–$35,040
Comp $/acre
$7,254/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.4% versus the adjusted value.
Offer position
Max allowable offer
$16,416
Offer $/acre
$4,145/ac
Projected profit
$8,618
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-772638 | 4.4 | Jul 27, 2026 | $30,200 | 6,880 | 7,216 | 86 |
| MN-831635 | 2.1 | Jul 27, 2026 | $12,700 | 5,979 | 5,919 | 80 |
| MN-613419 | 7.7 | Jul 27, 2026 | $56,800 | 7,336 | 7,647 | 79 |
| MN-762964 | 5.6 | Jan 16, 2026 | $27,800 | 5,001 | 6,149 | 75 |
| MN-941631 | 2.1 | Jul 27, 2026 | $11,700 | 5,518 | 5,663 | 72 |
| MN-413529 | 8.4 | Dec 6, 2025 | $70,700 | 8,436 | 10,678 | 70 |
| MN-153089 | 6.1 | Sep 13, 2025 | $45,000 | 7,382 | 7,953 | 69 |
| MN-953217 | 6.7 | Jun 20, 2024 | $35,600 | 5,331 | 8,912 | 66 |
| MN-421484 | 1.9 | Mar 7, 2025 | $9,900 | 5,186 | 5,420 | 65 |
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.