Comparable sales & offer analysis
Parcel MN-397650
Otter Tail County, MN · 166 ac · Agricultural · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$375,400
Adjusted value
$398,526
Value range
$293,929–$503,123
Comp $/acre
$2,403/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.8% versus the adjusted value.
Offer position
Max allowable offer
$227,729
Offer $/acre
$1,373/ac
Projected profit
$119,558
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-207505 | 149.3 | Mar 4, 2026 | $317,200 | 2,124 | 2,041 | 78 |
| MN-887643 | 165.0 | Dec 3, 2025 | $500,400 | 3,033 | 3,059 | 76 |
| MN-648007 | 214.8 | Feb 26, 2026 | $807,000 | 3,757 | 3,432 | 75 |
| MN-436784 | 88.6 | Jun 20, 2025 | $326,400 | 3,686 | 2,616 | 74 |
| MN-225960 | 48.8 | Jul 27, 2026 | $137,500 | 2,821 | 1,680 | 70 |
| MN-238810 | 384.3 | Oct 4, 2025 | $909,300 | 2,366 | 3,058 | 68 |
| MN-866258 | 60.5 | Feb 2, 2026 | $154,800 | 2,558 | 1,981 | 67 |
| MN-516059 | 52.4 | Sep 28, 2024 | $91,700 | 1,751 | 1,756 | 65 |
| MN-658467 | 299.7 | Jul 6, 2024 | $292,200 | 975 | 1,809 | 64 |
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.