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Billings County, ND · Sold

ND-865770

4849 County Road 187

$266,700
$3,548/ac · 75.16 ac
Acreage75.16 ac
Price per acre$3,548/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedNov 1, 2023
Coordinates47.0735, -103.4443
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Billings County, North Dakota. Small-grain ground and prairie pothole hunting land.

View Billings market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands46.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power122 ft away

Power at or near the road.

Buildable area38.20 of 75.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$263,757
$218,902$308,611 · $3,509/ac on 75.16 ac
Asking vs estimate
+1.1%
In line with the comp set

Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $266,700
Maximum allowable offer
$150,718
$2,005/ac · +30.0% target margin

You need $115,982 off asking to hit this margin.

All-in cost$163,529
Net resale$242,656
Projected profit$79,127
ROI+48.4%
Annualized+69.2%
Break-even resale$2,365/ac
Profit if resale lands off target
-20%
$30,596
-10%
$54,861
0%
$79,127
+10%
$103,393
+20%
$127,658
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-206159
Gravel · Power at road
99.6Jul 27, 2026$235,2002,3602,5306.4 mi
89
ND-685464
Gravel · Power at road
60.2Jul 11, 2026$224,7003,7313,5663.4 mi
87
ND-825693
Gravel · Off grid
71.1Dec 5, 2025$211,0002,9683,54910.0 mi
79
ND-604803
Gravel · Power at road
37.3Mar 21, 2026$157,0004,2083,7102.8 mi
77
ND-955018
Dirt · Power at road
43.6Jan 27, 2025$172,9003,9654,3814.6 mi
73
Show adjustment detail for the top comp
  • Tract size (99.63 ac → 75.16 ac)+6.9%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.