Comparable sales & offer analysis
Parcel MN-222877
Otter Tail County, MN · 5.22 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$20,400
Adjusted value
$26,454
Value range
$21,778–$31,130
Comp $/acre
$5,068/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.9% versus the adjusted value.
Offer position
Max allowable offer
$15,116
Offer $/acre
$2,896/ac
Projected profit
$7,936
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 | 4,550 | 85 |
| MN-263097 | 6.1 | Jul 27, 2026 | $25,800 | 4,205 | 5,863 | 83 |
| MN-622623 | 4.3 | May 28, 2025 | $22,200 | 5,102 | 4,397 | 75 |
| MN-591640 | 2.1 | May 7, 2026 | $14,000 | 6,587 | 5,348 | 71 |
| MN-762584 | 4.2 | Jul 31, 2025 | $19,600 | 4,625 | 6,599 | 70 |
| MN-893224 | 6.7 | Jun 26, 2024 | $15,000 | 2,238 | 3,664 | 63 |
| MN-234528 | 17.3 | Dec 20, 2024 | $84,400 | 4,887 | 4,907 | 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.