Comparable sales & offer analysis
Parcel MN-319112
Pine County, MN · 478 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,624,800
Adjusted value
$1,469,418
Value range
$1,188,638–$1,750,197
Comp $/acre
$3,072/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.6% versus the adjusted value.
Offer position
Max allowable offer
$839,667
Offer $/acre
$1,756/ac
Projected profit
$440,825
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 | 3,241 | 90 |
| MN-848934 | 420.4 | Apr 3, 2025 | $1,346,800 | 3,204 | 3,834 | 79 |
| MN-578931 | 419.5 | Nov 27, 2025 | $971,300 | 2,315 | 2,698 | 78 |
| MN-198866 | 400.2 | Jun 21, 2025 | $1,090,100 | 2,724 | 2,219 | 76 |
| MN-148272 | 260.3 | Jul 14, 2026 | $862,700 | 3,315 | 3,804 | 74 |
| MN-479597 | 679.6 | Jan 16, 2024 | $1,072,300 | 1,578 | 2,862 | 72 |
| MN-107978 | 210.3 | Oct 28, 2025 | $960,400 | 4,566 | 3,703 | 68 |
| MN-617659 | 166.9 | Feb 11, 2025 | $376,800 | 2,257 | 2,085 | 64 |
| MN-787804 | 185.4 | Nov 6, 2024 | $690,300 | 3,723 | 3,030 | 60 |
| MN-667479 | 146.5 | Apr 26, 2024 | $339,600 | 2,318 | 3,135 | 56 |
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.