Comparable sales & offer analysis
Parcel MN-153089
Norman County, MN · 6.09 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$49,400
Adjusted value
$42,888
Value range
$32,211–$53,565
Comp $/acre
$7,042/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.2% versus the adjusted value.
Offer position
Max allowable offer
$24,508
Offer $/acre
$4,024/ac
Projected profit
$12,866
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-762964 | 5.6 | Jan 16, 2026 | $27,800 | 5,001 | 5,928 | 84 |
| MN-613419 | 7.7 | Jul 27, 2026 | $56,800 | 7,336 | 7,371 | 82 |
| MN-772638 | 4.4 | Jul 27, 2026 | $30,200 | 6,880 | 6,956 | 79 |
| MN-413529 | 8.4 | Dec 6, 2025 | $70,700 | 8,436 | 10,295 | 77 |
| MN-953217 | 6.7 | Jun 20, 2024 | $35,600 | 5,331 | 8,594 | 74 |
| MN-941631 | 2.1 | Jul 27, 2026 | $11,700 | 5,518 | 5,459 | 69 |
| MN-602493 | 4.0 | Sep 1, 2025 | $19,500 | 4,929 | 4,970 | 69 |
| MN-444612 | 18.4 | Jul 27, 2026 | $217,400 | 11,843 | 9,390 | 69 |
| MN-831635 | 2.1 | Jul 27, 2026 | $12,700 | 5,979 | 5,705 | 67 |
| MN-994379 | 15.5 | Jan 22, 2025 | $73,300 | 4,726 | 5,361 | 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.