Comparable sales & offer analysis
Parcel MN-658467
Otter Tail County, MN · 300 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$342,200
Adjusted value
$478,392
Value range
$382,157–$574,626
Comp $/acre
$1,596/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.5% versus the adjusted value.
Offer position
Max allowable offer
$273,367
Offer $/acre
$912/ac
Projected profit
$143,518
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-238810 | 384.3 | Oct 4, 2025 | $909,300 | 2,366 | 1,804 | 79 |
| MN-207505 | 149.3 | Mar 4, 2026 | $317,200 | 2,124 | 1,204 | 75 |
| MN-648007 | 214.8 | Feb 26, 2026 | $807,000 | 3,757 | 2,024 | 73 |
| MN-397650 | 165.8 | Nov 24, 2025 | $319,100 | 1,924 | 1,176 | 70 |
| MN-887643 | 165.0 | Dec 3, 2025 | $500,400 | 3,033 | 1,804 | 68 |
| MN-436784 | 88.6 | Jun 20, 2025 | $326,400 | 3,686 | 1,543 | 59 |
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.