Comparable sales & offer analysis
Parcel MN-929140
Redwood County, MN · 488 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,149,000
Adjusted value
$1,776,230
Value range
$1,563,369–$1,989,091
Comp $/acre
$3,639/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +77.3% versus the adjusted value.
Offer position
Max allowable offer
$1,014,988
Offer $/acre
$2,080/ac
Projected profit
$532,869
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-208993 | 438.8 | Jul 15, 2025 | $1,751,400 | 3,992 | 3,873 | 72 |
| MN-968506 | 308.3 | Feb 17, 2025 | $1,054,800 | 3,421 | 3,752 | 69 |
| MN-617012 | 104.5 | Jul 27, 2026 | $392,300 | 3,755 | 2,892 | 67 |
| MN-147543 | 153.5 | May 7, 2026 | $849,400 | 5,534 | 4,026 | 66 |
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.