Comparable sales & offer analysis
Parcel MN-148272
Pine County, MN · 260 ac · Residential · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$903,300
Adjusted value
$720,431
Value range
$560,440–$880,422
Comp $/acre
$2,768/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.4% versus the adjusted value.
Offer position
Max allowable offer
$411,675
Offer $/acre
$1,582/ac
Projected profit
$216,129
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 | 3,256 | 78 |
| MN-578931 | 419.5 | Nov 27, 2025 | $971,300 | 2,315 | 2,372 | 76 |
| MN-599118 | 480.3 | Jul 27, 2026 | $1,555,700 | 3,239 | 2,850 | 76 |
| MN-198866 | 400.2 | Jun 21, 2025 | $1,090,100 | 2,724 | 1,951 | 74 |
| MN-927340 | 132.5 | Aug 11, 2025 | $824,300 | 6,221 | 3,947 | 73 |
| MN-787804 | 185.4 | Nov 6, 2024 | $690,300 | 3,723 | 2,664 | 71 |
| MN-617659 | 166.9 | Feb 11, 2025 | $376,800 | 2,257 | 1,833 | 70 |
| MN-848934 | 420.4 | Apr 3, 2025 | $1,346,800 | 3,204 | 3,371 | 67 |
| MN-319112 | 478.3 | May 22, 2025 | $1,374,600 | 2,874 | 2,658 | 65 |
| MN-667479 | 146.5 | Apr 26, 2024 | $339,600 | 2,318 | 2,756 | 63 |
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.