Comparable sales & offer analysis
Parcel MN-602493
Norman County, MN · 3.96 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$20,000
Adjusted value
$28,564
Value range
$22,287–$34,841
Comp $/acre
$7,213/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.0% versus the adjusted value.
Offer position
Max allowable offer
$16,322
Offer $/acre
$4,122/ac
Projected profit
$8,569
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 | 7,176 | 87 |
| MN-831635 | 2.1 | Jul 27, 2026 | $12,700 | 5,979 | 5,886 | 82 |
| MN-613419 | 7.7 | Jul 27, 2026 | $56,800 | 7,336 | 7,605 | 80 |
| MN-762964 | 5.6 | Jan 16, 2026 | $27,800 | 5,001 | 6,116 | 76 |
| MN-941631 | 2.1 | Jul 27, 2026 | $11,700 | 5,518 | 5,631 | 73 |
| MN-413529 | 8.4 | Dec 6, 2025 | $70,700 | 8,436 | 10,621 | 71 |
| MN-153089 | 6.1 | Sep 13, 2025 | $45,000 | 7,382 | 7,910 | 70 |
| MN-953217 | 6.7 | Jun 20, 2024 | $35,600 | 5,331 | 8,866 | 66 |
| MN-421484 | 1.9 | Mar 7, 2025 | $9,900 | 5,186 | 5,391 | 66 |
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.