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Cavalier County, ND · Sold

ND-587954

4966 County Road 204

$411,900
$1,126/ac · 366 ac
Acreage366 ac
Price per acre$1,126/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedDec 7, 2025
Coordinates48.8119, -98.3591
Loading terrain…
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

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

View Cavalier market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope20.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,548 ft of deeded road frontage.

Power4,702 ft away

Service extension needed; get a utility quote.

Buildable area289.34 of 365.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$683,837
$507,733$859,941 · $1,870/ac on 366 ac
Asking vs estimate
-39.8%
Priced below the comp set

Weighted from 8 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 $411,900
Maximum allowable offer
$390,764
$1,069/ac · +30.0% target margin

You need $21,136 off asking to hit this margin.

All-in cost$423,979
Net resale$629,130
Projected profit$205,151
ROI+48.4%
Annualized+69.2%
Break-even resale$1,260/ac
Profit if resale lands off target
-20%
$79,325
-10%
$142,238
0%
$205,151
+10%
$268,064
+20%
$330,977
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-527800
Dirt · Power at road
327.1Feb 14, 2026$866,9002,6502,5886.1 mi
79
ND-726836
Paved · Off grid
162.7Jul 27, 2026$585,4003,5982,42810.7 mi
72
ND-499302
Dirt · Full utilities
971.0Jul 27, 2026$1,041,8001,0731,1724.7 mi
71
ND-788722
Gravel · Power at road
637.9Nov 27, 2025$882,2001,3831,43210.9 mi
70
ND-888302
Dirt · Power at road
470.6Feb 6, 2025$648,7001,3791,5638.5 mi
69
ND-268667
Landlocked · Full utilities
613.0Dec 3, 2025$844,3001,3771,6979.4 mi
69
ND-229289
Dirt · Power at road
961.9Mar 4, 2025$1,200,1001,2481,7556.6 mi
65
ND-866919
Paved · Power at road
172.8Jun 7, 2025$634,9003,6742,2445.8 mi
65
Show adjustment detail for the top comp
  • Tract size (327.1 ac → 365.7 ac)-3.2%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (6 mo)+2.1%

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.