Comparable sales & offer analysis
Parcel MN-497498
Norman County, MN · 149 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$518,500
Adjusted value
$518,085
Value range
$413,897–$622,274
Comp $/acre
$3,488/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.1% versus the adjusted value.
Offer position
Max allowable offer
$296,049
Offer $/acre
$1,993/ac
Projected profit
$155,426
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-627108 | 112.0 | Jul 27, 2026 | $498,400 | 4,451 | 2,498 | 80 |
| MN-537511 | 150.0 | Jul 8, 2025 | $719,900 | 4,801 | 3,528 | 80 |
| MN-266694 | 83.0 | Jul 27, 2026 | $701,600 | 8,456 | 3,738 | 78 |
| MN-577670 | 168.3 | Sep 24, 2025 | $577,400 | 3,432 | 3,183 | 78 |
| MN-227339 | 132.4 | Oct 7, 2025 | $713,300 | 5,388 | 4,682 | 77 |
| MN-417670 | 168.3 | Dec 14, 2024 | $947,700 | 5,633 | 3,754 | 73 |
| MN-357168 | 117.0 | Jun 15, 2024 | $404,700 | 3,460 | 3,565 | 73 |
| MN-836899 | 96.3 | Nov 22, 2024 | $473,800 | 4,922 | 4,038 | 69 |
| MN-795831 | 44.4 | Apr 11, 2024 | $135,500 | 3,053 | 2,165 | 57 |
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.