Comparable sales & offer analysis
Parcel MN-992247
St. Louis County, MN · 3.31 ac · Residential · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$13,900
Adjusted value
$15,805
Value range
$13,368–$18,242
Comp $/acre
$4,775/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.1% versus the adjusted value.
Offer position
Max allowable offer
$9,031
Offer $/acre
$2,728/ac
Projected profit
$4,741
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-642467 | 3.9 | Jul 27, 2026 | $16,300 | 4,207 | 6,118 | 80 |
| MN-212356 | 3.6 | Nov 4, 2025 | $15,100 | 4,218 | 5,420 | 79 |
| MN-831543 | 2.0 | Feb 20, 2026 | $8,400 | 4,221 | 5,215 | 77 |
| MN-831662 | 2.2 | Jul 27, 2026 | $8,600 | 3,950 | 4,130 | 74 |
| MN-843105 | 6.2 | Mar 18, 2026 | $17,200 | 2,797 | 3,625 | 71 |
| MN-130536 | 1.0 | Jul 27, 2026 | $3,000 | 3,144 | 4,442 | 67 |
| MN-882878 | 5.2 | Apr 9, 2024 | $20,000 | 3,824 | 4,299 | 64 |
| MN-253658 | 9.2 | Oct 18, 2025 | $40,000 | 4,343 | 4,760 | 64 |
| MN-131289 | 1.6 | Nov 21, 2024 | $9,200 | 5,572 | 5,256 | 64 |
| MN-130954 | 1.3 | Dec 12, 2024 | $7,000 | 5,363 | 4,123 | 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.