LaMoure County, ND · Sold

ND-607387

1503 County Road 16

$613,800

$2,531/ac · 243 ac

Offer report Market this tract

Acreage243 ac

Price per acre$2,531/ac

ZoningMixed Use

Road accessPaved

UtilitiesPower at road

TopographySloped

ListedJul 27, 2024

Coordinates46.3859, -98.4109

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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

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

View LaMoure market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope24.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,972 ft of deeded road frontage.

Power115 ft away

Power at or near the road.

Buildable area138.82 of 242.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$730,072

$645,166 – $814,977 · $3,010/ac on 243 ac

Asking vs estimate

-15.9%

Priced below the comp set

Weighted from 10 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 $613,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$417,184

$1,720/ac · +30.0% target margin

You need $196,616 off asking to hit this margin.

All-in cost$452,645

Net resale$671,666

Projected profit$219,021

ROI+48.4%

Annualized+69.2%

Break-even resale$2,029/ac

Profit if resale lands off target

-20%

$84,688

-10%

$151,855

$219,021

+10%

$286,188

+20%

$353,354

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ND-237894 Paved · Power at road	350.1	Jul 27, 2026	$846,400	2,417	2,695	10.9 mi	85
ND-856793 Paved · Off grid	157.7	Jul 27, 2026	$528,300	3,350	3,506	10.5 mi	82
ND-437800 Gravel · Power at road	327.1	Jul 27, 2026	$822,200	2,514	3,241	10.1 mi	79
ND-946690 Paved · Full utilities	146.4	Apr 28, 2025	$613,000	4,188	3,149	1.9 mi	73
ND-976903 Gravel · Power at road	170.8	Jun 15, 2025	$434,900	2,547	2,859	8.8 mi	71
ND-276856 Landlocked · Power at road	165.1	Apr 25, 2024	$261,700	1,585	2,711	6.8 mi	67
ND-607725 Landlocked · Full utilities	309.8	Dec 9, 2024	$542,600	1,752	2,863	14.4 mi	65
ND-398801 Paved · Off grid	675.5	Jan 11, 2026	$1,516,100	2,245	3,669	11.9 mi	65
ND-605802 Paved · Full utilities	76.9	Nov 22, 2024	$308,700	4,013	2,615	2.3 mi	64
ND-729084 Landlocked · Full utilities	829.2	Apr 8, 2025	$1,029,900	1,242	2,696	8.4 mi	62

Show adjustment detail for the top comp

Tract size (350.15 ac → 242.52 ac)+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.

Build the listing kit Post a deal or JV