Comparable sales & offer analysis
Parcel MN-648007
Otter Tail County, MN · 215 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$750,000
Adjusted value
$587,562
Value range
$464,384–$710,739
Comp $/acre
$2,736/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.6% versus the adjusted value.
Offer position
Max allowable offer
$335,750
Offer $/acre
$1,563/ac
Projected profit
$176,269
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-887643 | 165.0 | Dec 3, 2025 | $500,400 | 3,033 | 3,433 | 78 |
| MN-207505 | 149.3 | Mar 4, 2026 | $317,200 | 2,124 | 2,291 | 77 |
| MN-397650 | 165.8 | Nov 24, 2025 | $319,100 | 1,924 | 2,237 | 73 |
| MN-238810 | 384.3 | Oct 4, 2025 | $909,300 | 2,366 | 3,432 | 71 |
| MN-658467 | 299.7 | Jul 6, 2024 | $292,200 | 975 | 2,030 | 65 |
| MN-436784 | 88.6 | Jun 20, 2025 | $326,400 | 3,686 | 2,936 | 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.