Comparable sales & offer analysis
Parcel MN-702238
Redwood County, MN · 3.29 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$29,800
Adjusted value
$36,363
Value range
$30,255–$42,472
Comp $/acre
$11,053/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.0% versus the adjusted value.
Offer position
Max allowable offer
$20,779
Offer $/acre
$6,316/ac
Projected profit
$10,909
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-952441 | 3.8 | Jul 27, 2026 | $27,900 | 7,316 | 10,167 | 85 |
| MN-663110 | 6.2 | May 28, 2025 | $42,600 | 6,876 | 10,240 | 67 |
| MN-821821 | 2.4 | Apr 17, 2024 | $18,700 | 7,688 | 11,544 | 67 |
| MN-143704 | 9.5 | Jul 27, 2026 | $59,400 | 6,242 | 8,034 | 67 |
| MN-673434 | 7.8 | Feb 27, 2026 | $79,400 | 10,158 | 13,114 | 66 |
| MN-422896 | 5.3 | Nov 26, 2023 | $56,300 | 10,626 | 14,142 | 63 |
| MN-393140 | 6.3 | Oct 5, 2024 | $59,300 | 9,387 | 10,493 | 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.