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Grand Forks County, ND · Sold

ND-996853

5507 County Road 192

$220,900
$1,341/ac · 165 ac
Acreage165 ac
Price per acre$1,341/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedFeb 5, 2026
Coordinates47.9530, -97.4062
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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
28
Low risk
Wetlands11.8% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,566 ft away

A long utility run — price in solar/off-grid instead.

Buildable area138.02 of 164.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$285,063
$248,420$321,707 · $1,731/ac on 165 ac
Asking vs estimate
-22.5%
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 $220,900
Maximum allowable offer
$162,893
$989/ac · +30.0% target margin

You need $58,007 off asking to hit this margin.

All-in cost$176,739
Net resale$262,258
Projected profit$85,520
ROI+48.4%
Annualized+69.3%
Break-even resale$1,166/ac
Profit if resale lands off target
-20%
$33,068
-10%
$59,294
0%
$85,520
+10%
$111,745
+20%
$137,971
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-386805
Gravel · Off grid
159.1Dec 17, 2023$289,3001,8181,7230.1 mi
82
ND-836207
Dirt · Power at road
103.2Feb 20, 2026$215,7002,0911,6069.2 mi
74
ND-957318
Gravel · Off grid
230.7Feb 6, 2024$398,7001,7281,8054.6 mi
68
ND-916120
Landlocked · Full utilities
96.9Oct 21, 2024$167,4001,7281,4296.9 mi
64
ND-208165
Gravel · Power at road
426.1Feb 10, 2025$892,5002,0952,1389.5 mi
59
Show adjustment detail for the top comp
  • Tract size (159.09 ac → 164.72 ac)-0.9%
  • Access (Gravel → Dirt)-14.0%
  • Market time (32 mo)+11.2%

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.