Comparable sales & offer analysis
Parcel MN-238810
Otter Tail County, MN · 384 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$951,200
Adjusted value
$763,665
Value range
$560,679–$966,652
Comp $/acre
$1,987/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.6% versus the adjusted value.
Offer position
Max allowable offer
$436,380
Offer $/acre
$1,136/ac
Projected profit
$229,100
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-658467 | 299.7 | Jul 6, 2024 | $292,200 | 975 | 1,458 | 74 |
| MN-648007 | 214.8 | Feb 26, 2026 | $807,000 | 3,757 | 2,767 | 73 |
| MN-207505 | 149.3 | Mar 4, 2026 | $317,200 | 2,124 | 1,645 | 71 |
| MN-397650 | 165.8 | Nov 24, 2025 | $319,100 | 1,924 | 1,607 | 69 |
| MN-887643 | 165.0 | Dec 3, 2025 | $500,400 | 3,033 | 2,466 | 68 |
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.