Comparable sales & offer analysis
Parcel MN-402273
Pine County, MN · 3.37 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,500
Adjusted value
$22,680
Value range
$18,345–$27,015
Comp $/acre
$6,730/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.6% versus the adjusted value.
Offer position
Max allowable offer
$12,960
Offer $/acre
$3,846/ac
Projected profit
$6,804
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-732577 | 4.2 | Jul 10, 2026 | $34,900 | 8,313 | 7,170 | 83 |
| MN-942293 | 3.4 | Sep 20, 2025 | $26,500 | 7,755 | 6,882 | 80 |
| MN-261175 | 1.5 | Jul 27, 2026 | $8,200 | 5,381 | 5,325 | 76 |
| MN-251142 | 1.5 | Jun 7, 2026 | $13,300 | 8,899 | 8,854 | 73 |
| MN-323819 | 10.3 | May 22, 2026 | $51,200 | 4,949 | 5,339 | 69 |
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.