Comparable sales & offer analysis
Parcel MN-516059
Otter Tail County, MN · 52.38 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$104,800
Adjusted value
$128,008
Value range
$104,121–$151,895
Comp $/acre
$2,444/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.1% versus the adjusted value.
Offer position
Max allowable offer
$73,147
Offer $/acre
$1,396/ac
Projected profit
$38,402
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-225960 | 48.8 | Jul 27, 2026 | $137,500 | 2,821 | 1,816 | 84 |
| MN-866258 | 60.5 | Feb 2, 2026 | $154,800 | 2,558 | 2,143 | 81 |
| MN-436784 | 88.6 | Jun 20, 2025 | $326,400 | 3,686 | 2,829 | 71 |
| MN-397650 | 165.8 | Nov 24, 2025 | $319,100 | 1,924 | 2,156 | 71 |
| MN-725415 | 32.9 | Nov 16, 2024 | $138,900 | 4,228 | 2,845 | 69 |
| MN-207505 | 149.3 | Mar 4, 2026 | $317,200 | 2,124 | 2,207 | 65 |
| MN-234528 | 17.3 | Dec 20, 2024 | $84,400 | 4,887 | 2,535 | 62 |
| MN-887643 | 165.0 | Dec 3, 2025 | $500,400 | 3,033 | 3,308 | 60 |
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.
