Comparable sales & offer analysis
Parcel MN-622623
Otter Tail County, MN · 4.35 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$22,600
Adjusted value
$26,127
Value range
$20,023–$32,232
Comp $/acre
$6,006/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.5% versus the adjusted value.
Offer position
Max allowable offer
$14,930
Offer $/acre
$3,432/ac
Projected profit
$7,838
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-352658 | 4.5 | Jul 2, 2026 | $20,200 | 4,520 | 5,579 | 87 |
| MN-222877 | 5.2 | Jul 27, 2026 | $17,300 | 3,318 | 4,100 | 83 |
| MN-263097 | 6.1 | Jul 27, 2026 | $25,800 | 4,205 | 7,189 | 79 |
| MN-591640 | 2.1 | May 7, 2026 | $14,000 | 6,587 | 6,558 | 78 |
| MN-762584 | 4.2 | Jul 31, 2025 | $19,600 | 4,625 | 8,090 | 72 |
| MN-893224 | 6.7 | Jun 26, 2024 | $15,000 | 2,238 | 4,492 | 61 |
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.