Comparable sales & offer analysis
Parcel MN-629945
Norman County, MN · 874 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,847,600
Adjusted value
$1,992,373
Value range
$1,751,185–$2,233,562
Comp $/acre
$2,278/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.3% versus the adjusted value.
Offer position
Max allowable offer
$1,138,499
Offer $/acre
$1,302/ac
Projected profit
$597,712
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 | 1,861 | 86 |
| MN-119264 | 533.9 | Nov 24, 2025 | $1,388,000 | 2,600 | 2,330 | 72 |
| MN-589644 | 703.1 | Jan 29, 2025 | $1,203,000 | 1,711 | 2,535 | 71 |
| MN-577670 | 168.3 | Sep 24, 2025 | $577,400 | 3,432 | 2,216 | 61 |
| MN-417670 | 168.3 | Dec 14, 2024 | $947,700 | 5,633 | 2,614 | 53 |
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.