Comparable sales & offer analysis
Parcel MN-526360
St. Louis County, MN · 65.14 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$224,900
Adjusted value
$226,202
Value range
$189,466–$262,937
Comp $/acre
$3,473/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.6% versus the adjusted value.
Offer position
Max allowable offer
$129,258
Offer $/acre
$1,984/ac
Projected profit
$67,861
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-557433 | 141.7 | Mar 22, 2026 | $366,100 | 2,583 | 3,191 | 74 |
| MN-277438 | 142.2 | Jul 27, 2026 | $245,400 | 1,726 | 2,535 | 73 |
| MN-807495 | 148.2 | May 22, 2025 | $348,500 | 2,351 | 3,575 | 66 |
| MN-317032 | 106.0 | Jun 13, 2024 | $381,100 | 3,596 | 4,422 | 66 |
| MN-587536 | 152.7 | Jan 24, 2025 | $451,300 | 2,956 | 3,718 | 64 |
| MN-997980 | 210.6 | Jul 27, 2026 | $493,900 | 2,345 | 3,834 | 64 |
| MN-847118 | 112.8 | May 15, 2024 | $207,700 | 1,841 | 3,156 | 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.