Comparable sales & offer analysis
Parcel MN-927340
Pine County, MN · 132 ac · Residential · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$875,000
Adjusted value
$593,304
Value range
$475,896–$710,713
Comp $/acre
$4,478/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +47.5% versus the adjusted value.
Offer position
Max allowable offer
$339,031
Offer $/acre
$2,559/ac
Projected profit
$177,991
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-148272 | 260.3 | Jul 14, 2026 | $862,700 | 3,315 | 5,496 | 81 |
| MN-107978 | 210.3 | Oct 28, 2025 | $960,400 | 4,566 | 5,349 | 76 |
| MN-787804 | 185.4 | Nov 6, 2024 | $690,300 | 3,723 | 4,378 | 75 |
| MN-667479 | 146.5 | Apr 26, 2024 | $339,600 | 2,318 | 4,530 | 74 |
| MN-617659 | 166.9 | Feb 11, 2025 | $376,800 | 2,257 | 3,012 | 73 |
| MN-578931 | 419.5 | Nov 27, 2025 | $971,300 | 2,315 | 3,898 | 66 |
| MN-198866 | 400.2 | Jun 21, 2025 | $1,090,100 | 2,724 | 3,206 | 64 |
| MN-956428 | 68.4 | Aug 3, 2024 | $348,900 | 5,098 | 4,728 | 64 |
| MN-848934 | 420.4 | Apr 3, 2025 | $1,346,800 | 3,204 | 5,540 | 61 |
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.
