Comparable sales & offer analysis
Parcel MN-968506
Redwood County, MN · 308 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,281,700
Adjusted value
$1,333,937
Value range
$1,013,884–$1,653,991
Comp $/acre
$4,326/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.9% versus the adjusted value.
Offer position
Max allowable offer
$762,250
Offer $/acre
$2,472/ac
Projected profit
$400,181
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-617012 | 104.5 | Jul 27, 2026 | $392,300 | 3,755 | 2,817 | 80 |
| MN-147543 | 153.5 | May 7, 2026 | $849,400 | 5,534 | 3,922 | 80 |
| MN-929140 | 488.1 | May 8, 2026 | $2,887,600 | 5,917 | 5,862 | 76 |
| MN-208993 | 438.8 | Jul 15, 2025 | $1,751,400 | 3,992 | 3,773 | 71 |
| MN-955612 | 37.9 | Feb 7, 2026 | $288,100 | 7,605 | 4,673 | 63 |
| MN-765700 | 40.4 | Mar 5, 2025 | $461,400 | 11,426 | 5,310 | 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.