Grand Forks County, ND · Sold

ND-874474

8953 County Road 137

$65,300

$2,221/ac · 29.40 ac

Offer report Market this tract

Acreage29.40 ac

Price per acre$2,221/ac

ZoningUnzoned

Road accessLandlocked

UtilitiesPower at road

TopographyWooded

ListedApr 5, 2025

Coordinates48.0059, -97.4802

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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

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

View Grand Forks market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands15.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.6%

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.

Power100 ft away

Power at or near the road.

Buildable area23.63 of 29.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$62,598

$47,289 – $77,908 · $2,129/ac on 29.40 ac

Asking vs estimate

+4.3%

In line with 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 $65,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$35,771

$1,217/ac · +30.0% target margin

You need $29,529 off asking to hit this margin.

All-in cost$38,812

Net resale$57,591

Projected profit$18,779

ROI+48.4%

Annualized+69.2%

Break-even resale$1,435/ac

Profit if resale lands off target

-20%

$7,261

-10%

$13,020

$18,779

+10%

$24,538

+20%

$30,297

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ND-764987 Landlocked · Power at road	42.6	Jul 27, 2026	$65,600	1,538	1,644	2.5 mi	86
ND-424585 Landlocked · Power at road	31.9	Aug 1, 2025	$79,200	2,486	2,628	2.2 mi	83
ND-104639 Gravel · Power at road	33.1	Jul 27, 2026	$93,200	2,814	1,955	13.1 mi	82
ND-634694 Gravel · Off grid	34.5	Nov 7, 2025	$54,100	1,570	1,331	10.7 mi	73
ND-363053 Dirt · Full utilities	10.5	Jul 27, 2026	$41,600	3,966	2,279	1.6 mi	73
ND-813326 Paved · Off grid	12.8	Nov 2, 2025	$62,800	4,904	3,092	3.9 mi	67
ND-433213 Gravel · Power at road	11.8	Apr 27, 2024	$40,000	3,389	2,258	10.1 mi	58
ND-916120 Landlocked · Full utilities	96.9	Oct 21, 2024	$167,400	1,728	1,944	10.6 mi	57

Show adjustment detail for the top comp

Tract size (42.63 ac → 29.4 ac)+6.6%

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.

Build the listing kit Post a deal or JV