Comparable sales & offer analysis
Parcel MN-251142
Pine County, MN · 1.49 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,300
Adjusted value
$8,832
Value range
$7,488–$10,177
Comp $/acre
$5,928/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +39.3% versus the adjusted value.
Offer position
Max allowable offer
$5,047
Offer $/acre
$3,387/ac
Projected profit
$2,650
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-261175 | 1.5 | Jul 27, 2026 | $8,200 | 5,381 | 5,424 | 94 |
| MN-920435 | 0.9 | Dec 20, 2025 | $3,400 | 3,827 | 4,568 | 75 |
| MN-830088 | 0.7 | Jun 7, 2026 | $5,500 | 7,949 | 6,772 | 71 |
| MN-520129 | 0.7 | Oct 16, 2025 | $3,600 | 5,057 | 5,220 | 69 |
| MN-732577 | 4.2 | Jul 10, 2026 | $34,900 | 8,313 | 7,304 | 69 |
| MN-402273 | 3.4 | Aug 10, 2025 | $17,400 | 5,152 | 5,502 | 67 |
| MN-942293 | 3.4 | Sep 20, 2025 | $26,500 | 7,755 | 7,011 | 65 |
| MN-340124 | 0.7 | Dec 25, 2023 | $4,500 | 6,310 | 5,941 | 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.