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Grand Forks County, ND · Sold

ND-692334

2861 County Road 194

$23,600
$3,782/ac · 6.24 ac
Acreage6.24 ac
Price per acre$3,782/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedAug 20, 2025
Coordinates48.0038, -97.3658
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

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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands17.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

448 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area4.88 of 6.24 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$26,223
$21,076$31,370 · $4,202/ac on 6.24 ac
Asking vs estimate
-10.0%
Priced below 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 $23,600
Maximum allowable offer
$14,985
$2,401/ac · +30.0% target margin

You need $8,615 off asking to hit this margin.

All-in cost$16,259
Net resale$24,125
Projected profit$7,866
ROI+48.4%
Annualized+69.2%
Break-even resale$2,832/ac
Profit if resale lands off target
-20%
$3,041
-10%
$5,454
0%
$7,866
+10%
$10,279
+20%
$12,692
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-363053
Dirt · Full utilities
10.5Jul 27, 2026$41,6003,9664,1196.2 mi
85
ND-262109
Dirt · Off grid
5.3Jul 26, 2025$17,0003,2044,7634.9 mi
78
ND-532236
Dirt · Power at road
5.8May 14, 2025$13,0002,2332,8579.2 mi
76
ND-221396
Paved · Power at road
3.2Jul 27, 2026$14,3004,5373,93011.3 mi
71
ND-813326
Paved · Off grid
12.8Nov 2, 2025$62,8004,9045,5899.2 mi
66
ND-433213
Gravel · Power at road
11.8Apr 27, 2024$40,0003,3894,08113.0 mi
58
Show adjustment detail for the top comp
  • Tract size (10.5 ac → 6.24 ac)+3.6%

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.