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Bowman County, ND · Sold

ND-517064

7321 County Road 98

$419,200
$2,184/ac · 192 ac
Acreage192 ac
Price per acre$2,184/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedMay 30, 2024
Coordinates46.1389, -103.5497
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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

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

View Bowman market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands10.9% of tract

Little to no mapped wetland coverage.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power226 ft away

Power at or near the road.

Buildable area162.45 of 191.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$361,066
$259,968$462,165 · $1,881/ac on 192 ac
Asking vs estimate
+16.1%
Priced above the comp set

Weighted from 6 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 $419,200
Maximum allowable offer
$206,323
$1,075/ac · +30.0% target margin

You need $212,877 off asking to hit this margin.

All-in cost$223,860
Net resale$332,181
Projected profit$108,320
ROI+48.4%
Annualized+69.3%
Break-even resale$1,268/ac
Profit if resale lands off target
-20%
$41,884
-10%
$75,102
0%
$108,320
+10%
$141,538
+20%
$174,756
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-736891
Landlocked · Off grid
169.3Apr 22, 2026$201,5001,1901,3718.7 mi
82
ND-526969
Paved · Power at road
179.2May 2, 2025$353,5001,9731,1762.9 mi
79
ND-817060
Paved · Power at road
191.4Jul 7, 2024$936,4004,8933,0674.4 mi
77
ND-708054
Landlocked · Power at road
393.2Feb 21, 2025$701,4001,7842,3307.0 mi
68
ND-145625
Dirt · Power at road
67.7Jun 16, 2025$151,8002,2441,4312.5 mi
66
ND-158337
Gravel · Full utilities
482.6Dec 16, 2024$1,226,2002,5411,9815.8 mi
60
Show adjustment detail for the top comp
  • Tract size (169.31 ac → 191.92 ac)-3.4%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (4 mo)+1.3%

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.