Comparable sales & offer analysis
Parcel MN-848934
Pine County, MN · 420 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,539,200
Adjusted value
$1,116,234
Value range
$919,480–$1,312,988
Comp $/acre
$2,655/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +37.9% versus the adjusted value.
Offer position
Max allowable offer
$637,848
Offer $/acre
$1,517/ac
Projected profit
$334,870
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-599118 | 480.3 | Jul 27, 2026 | $1,555,700 | 3,239 | 2,879 | 83 |
| MN-578931 | 419.5 | Nov 27, 2025 | $971,300 | 2,315 | 2,397 | 82 |
| MN-319112 | 478.3 | May 22, 2025 | $1,374,600 | 2,874 | 2,685 | 79 |
| MN-198866 | 400.2 | Jun 21, 2025 | $1,090,100 | 2,724 | 1,971 | 77 |
| MN-148272 | 260.3 | Jul 14, 2026 | $862,700 | 3,315 | 3,380 | 76 |
| MN-107978 | 210.3 | Oct 28, 2025 | $960,400 | 4,566 | 3,289 | 74 |
| MN-617659 | 166.9 | Feb 11, 2025 | $376,800 | 2,257 | 1,852 | 66 |
| MN-667479 | 146.5 | Apr 26, 2024 | $339,600 | 2,318 | 2,784 | 65 |
| MN-479597 | 679.6 | Jan 16, 2024 | $1,072,300 | 1,578 | 2,541 | 64 |
| MN-787804 | 185.4 | Nov 6, 2024 | $690,300 | 3,723 | 2,691 | 64 |
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.