Comparable sales & offer analysis
Parcel MN-920826
Otter Tail County, MN · 1.18 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$5,800
Adjusted value
$5,135
Value range
$4,152–$6,119
Comp $/acre
$4,352/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.9% versus the adjusted value.
Offer position
Max allowable offer
$2,934
Offer $/acre
$2,487/ac
Projected profit
$1,541
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-780664 | 1.1 | Jul 27, 2026 | $3,700 | 3,561 | 4,144 | 86 |
| MN-591640 | 2.1 | May 7, 2026 | $14,000 | 6,587 | 4,687 | 72 |
| MN-263097 | 6.1 | Jul 27, 2026 | $25,800 | 4,205 | 5,137 | 67 |
| MN-352658 | 4.5 | Jul 2, 2026 | $20,200 | 4,520 | 3,987 | 64 |
| MN-222877 | 5.2 | Jul 27, 2026 | $17,300 | 3,318 | 2,930 | 64 |
| MN-762584 | 4.2 | Jul 31, 2025 | $19,600 | 4,625 | 5,783 | 59 |
| MN-622623 | 4.3 | May 28, 2025 | $22,200 | 5,102 | 3,854 | 58 |
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.