Comparable sales & offer analysis
Parcel MN-893224
Otter Tail County, MN · 6.72 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$17,900
Adjusted value
$22,514
Value range
$17,990–$27,038
Comp $/acre
$3,350/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.5% versus the adjusted value.
Offer position
Max allowable offer
$12,865
Offer $/acre
$1,914/ac
Projected profit
$6,754
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-263097 | 6.1 | Jul 27, 2026 | $25,800 | 4,205 | 3,922 | 80 |
| MN-222877 | 5.2 | Jul 27, 2026 | $17,300 | 3,318 | 2,237 | 75 |
| MN-352658 | 4.5 | Jul 2, 2026 | $20,200 | 4,520 | 3,044 | 74 |
| MN-762584 | 4.2 | Jul 31, 2025 | $19,600 | 4,625 | 4,414 | 72 |
| MN-622623 | 4.3 | May 28, 2025 | $22,200 | 5,102 | 2,942 | 64 |
| MN-591640 | 2.1 | May 7, 2026 | $14,000 | 6,587 | 3,578 | 62 |
| MN-234528 | 17.3 | Dec 20, 2024 | $84,400 | 4,887 | 3,283 | 62 |
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.