Comparable sales & offer analysis
Parcel MN-920826
Otter Tail County, MN · 1.18 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,800
Adjusted value
$5,165
Value range
$4,176–$6,153
Comp $/acre
$4,377/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.3% versus the adjusted value.
Offer position
Max allowable offer
$2,951
Offer $/acre
$2,501/ac
Projected profit
$1,549
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 | 4,168 | 84 |
| MN-591640 | 2.1 | May 7, 2026 | $14,000 | 6,587 | 4,713 | 71 |
| MN-263097 | 6.1 | Jul 27, 2026 | $25,800 | 4,205 | 5,166 | 65 |
| MN-352658 | 4.5 | Jul 2, 2026 | $20,200 | 4,520 | 4,009 | 63 |
| MN-222877 | 5.2 | Jul 27, 2026 | $17,300 | 3,318 | 2,946 | 63 |
| MN-762584 | 4.2 | Jul 31, 2025 | $19,600 | 4,625 | 5,814 | 58 |
| MN-622623 | 4.3 | May 28, 2025 | $22,200 | 5,102 | 3,874 | 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.