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Grand Forks County, ND · Sold

ND-619731

1490 County Road 32

$1,327,400
$1,002/ac · 1,325 ac
Acreage1,325 ac
Price per acre$1,002/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedDec 5, 2024
Coordinates47.8491, -97.4657
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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands8.3% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

6,638 ft of deeded road frontage.

Power86 ft away

Power at or near the road.

Buildable area1154.22 of 1324.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,638,203
$1,346,099$1,930,306 · $1,236/ac on 1,325 ac
Asking vs estimate
-19.0%
Priced below 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 $1,327,400
Maximum allowable offer
$936,116
$707/ac · +30.0% target margin

You need $391,284 off asking to hit this margin.

All-in cost$1,015,686
Net resale$1,507,146
Projected profit$491,461
ROI+48.4%
Annualized+69.2%
Break-even resale$833/ac
Profit if resale lands off target
-20%
$190,031
-10%
$340,746
0%
$491,461
+10%
$642,175
+20%
$792,890
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-519404
Dirt · Off grid
1045.5Jan 14, 2026$875,0008371,0894.8 mi
77
ND-208165
Gravel · Power at road
426.1Feb 10, 2025$892,5002,0951,5721.8 mi
66
ND-996853
Dirt · Off grid
164.7Mar 22, 2026$206,1001,2519367.7 mi
58
ND-957318
Gravel · Off grid
230.7Feb 6, 2024$398,7001,7281,3273.6 mi
55
ND-386805
Gravel · Off grid
159.1Dec 17, 2023$289,3001,8181,2677.6 mi
50
Show adjustment detail for the top comp
  • Tract size (1045.48 ac → 1324.94 ac)-7.1%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (7 mo)+2.5%

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.