Comparable sales & offer analysis
Parcel MN-843105
St. Louis County, MN · 6.16 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$19,400
Adjusted value
$24,002
Value range
$20,731–$27,273
Comp $/acre
$3,896/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.2% versus the adjusted value.
Offer position
Max allowable offer
$13,715
Offer $/acre
$2,227/ac
Projected profit
$7,201
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 | 4,828 | 76 |
| MN-212356 | 3.6 | Nov 4, 2025 | $15,100 | 4,218 | 4,277 | 73 |
| MN-831662 | 2.2 | Jul 27, 2026 | $8,600 | 3,950 | 3,259 | 72 |
| MN-253658 | 9.2 | Oct 18, 2025 | $40,000 | 4,343 | 3,756 | 68 |
| MN-831543 | 2.0 | Feb 20, 2026 | $8,400 | 4,221 | 4,115 | 67 |
| MN-882878 | 5.2 | Apr 9, 2024 | $20,000 | 3,824 | 3,393 | 66 |
| MN-992247 | 3.3 | Oct 20, 2024 | $13,600 | 4,107 | 3,507 | 64 |
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.