Comparable sales & offer analysis
Parcel MN-479597
Pine County, MN · 680 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,282,600
Adjusted value
$1,341,616
Value range
$1,110,266–$1,572,966
Comp $/acre
$1,974/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.4% versus the adjusted value.
Offer position
Max allowable offer
$766,638
Offer $/acre
$1,128/ac
Projected profit
$402,485
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 | 1,991 | 79 |
| MN-319112 | 478.3 | May 22, 2025 | $1,374,600 | 2,874 | 1,857 | 76 |
| MN-848934 | 420.4 | Apr 3, 2025 | $1,346,800 | 3,204 | 2,356 | 67 |
| MN-578931 | 419.5 | Nov 27, 2025 | $971,300 | 2,315 | 1,658 | 66 |
| MN-148272 | 260.3 | Jul 14, 2026 | $862,700 | 3,315 | 2,338 | 65 |
| MN-198866 | 400.2 | Jun 21, 2025 | $1,090,100 | 2,724 | 1,363 | 64 |
| MN-107978 | 210.3 | Oct 28, 2025 | $960,400 | 4,566 | 2,275 | 60 |
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.