Comparable sales & offer analysis
Parcel MN-887643
Otter Tail County, MN · 165 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$471,200
Adjusted value
$387,716
Value range
$285,531–$489,901
Comp $/acre
$2,350/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.5% versus the adjusted value.
Offer position
Max allowable offer
$221,552
Offer $/acre
$1,343/ac
Projected profit
$116,315
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-648007 | 214.8 | Feb 26, 2026 | $807,000 | 3,757 | 3,521 | 80 |
| MN-207505 | 149.3 | Mar 4, 2026 | $317,200 | 2,124 | 2,094 | 78 |
| MN-397650 | 165.8 | Nov 24, 2025 | $319,100 | 1,924 | 2,045 | 76 |
| MN-225960 | 48.8 | Jul 27, 2026 | $137,500 | 2,821 | 1,723 | 71 |
| MN-238810 | 384.3 | Oct 4, 2025 | $909,300 | 2,366 | 3,138 | 67 |
| MN-436784 | 88.6 | Jun 20, 2025 | $326,400 | 3,686 | 2,684 | 65 |
| MN-866258 | 60.5 | Feb 2, 2026 | $154,800 | 2,558 | 2,033 | 64 |
| MN-658467 | 299.7 | Jul 6, 2024 | $292,200 | 975 | 1,856 | 62 |
| MN-516059 | 52.4 | Sep 28, 2024 | $91,700 | 1,751 | 1,801 | 55 |
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.