Comparable sales & offer analysis
Parcel MN-589644
Norman County, MN · 703 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,249,200
Adjusted value
$1,177,882
Value range
$971,320–$1,384,444
Comp $/acre
$1,675/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.1% versus the adjusted value.
Offer position
Max allowable offer
$673,075
Offer $/acre
$957/ac
Projected profit
$353,364
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 | 1,345 | 83 |
| MN-119264 | 533.9 | Nov 24, 2025 | $1,388,000 | 2,600 | 1,684 | 78 |
| MN-629945 | 874.5 | Mar 7, 2025 | $1,627,700 | 1,861 | 1,427 | 71 |
| MN-497498 | 148.6 | Apr 2, 2025 | $430,900 | 2,901 | 1,552 | 62 |
| MN-227339 | 132.4 | Oct 7, 2025 | $713,300 | 5,388 | 2,356 | 58 |
| MN-577670 | 168.3 | Sep 24, 2025 | $577,400 | 3,432 | 1,602 | 58 |
| MN-537511 | 150.0 | Jul 8, 2025 | $719,900 | 4,801 | 1,775 | 54 |
| MN-417670 | 168.3 | Dec 14, 2024 | $947,700 | 5,633 | 1,889 | 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.