Comparable sales & offer analysis
Parcel MN-787804
Pine County, MN · 185 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$681,400
Adjusted value
$798,336
Value range
$619,517–$977,155
Comp $/acre
$4,306/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.6% versus the adjusted value.
Offer position
Max allowable offer
$456,192
Offer $/acre
$2,460/ac
Projected profit
$239,501
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-107978 | 210.3 | Oct 28, 2025 | $960,400 | 4,566 | 4,914 | 82 |
| MN-148272 | 260.3 | Jul 14, 2026 | $862,700 | 3,315 | 5,050 | 81 |
| MN-617659 | 166.9 | Feb 11, 2025 | $376,800 | 2,257 | 2,767 | 80 |
| MN-927340 | 132.5 | Aug 11, 2025 | $824,300 | 6,221 | 5,958 | 78 |
| MN-599118 | 480.3 | Jul 27, 2026 | $1,555,700 | 3,239 | 4,302 | 76 |
| MN-578931 | 419.5 | Nov 27, 2025 | $971,300 | 2,315 | 3,581 | 74 |
| MN-667479 | 146.5 | Apr 26, 2024 | $339,600 | 2,318 | 4,160 | 70 |
| MN-848934 | 420.4 | Apr 3, 2025 | $1,346,800 | 3,204 | 5,088 | 65 |
| MN-198866 | 400.2 | Jun 21, 2025 | $1,090,100 | 2,724 | 2,945 | 63 |
| MN-319112 | 478.3 | May 22, 2025 | $1,374,600 | 2,874 | 4,012 | 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.