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McHenry County, ND · Sold

ND-705111

2293 County Road 232

$118,600
$2,543/ac · 46.63 ac
Acreage46.63 ac
Price per acre$2,543/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedFeb 21, 2025
Coordinates48.1737, -100.7547
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

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

View McHenry market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands5.1% of tract

Little to no mapped wetland coverage.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

858 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area42.04 of 46.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$112,771
$88,495$137,047 · $2,418/ac on 46.63 ac
Asking vs estimate
+5.2%
Priced above the comp set

Weighted from 9 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 $118,600
Maximum allowable offer
$64,441
$1,382/ac · +30.0% target margin

You need $54,159 off asking to hit this margin.

All-in cost$69,918
Net resale$103,750
Projected profit$33,831
ROI+48.4%
Annualized+69.2%
Break-even resale$1,630/ac
Profit if resale lands off target
-20%
$13,081
-10%
$23,456
0%
$33,831
+10%
$44,206
+20%
$54,581
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-674734
Dirt · Off grid
35.5Jul 27, 2026$48,0001,3521,85011.2 mi
84
ND-864723
Gravel · Off grid
35.2Apr 25, 2026$74,8002,1232,5212.1 mi
80
ND-285305
Paved · Power at road
53.7Jun 3, 2025$150,2002,7992,68911.8 mi
76
ND-274359
Paved · Power at road
27.1Jul 27, 2026$92,4003,4172,7717.7 mi
75
ND-616424
Dirt · Off grid
120.7Jul 27, 2026$185,2001,5342,7408.1 mi
72
ND-454143
Gravel · Off grid
23.1Mar 19, 2026$62,6002,7043,0203.3 mi
72
ND-373610
Landlocked · Power at road
15.7Jun 3, 2026$19,6001,2441,6418.2 mi
72
ND-565986
Landlocked · Off grid
87.9Dec 10, 2023$61,8007031,6315.2 mi
66
ND-253855
Dirt · Power at road
18.8Sep 28, 2024$48,7002,5942,9555.1 mi
63
Show adjustment detail for the top comp
  • Tract size (35.49 ac → 46.63 ac)-4.9%
  • Utilities (Off grid → Full utilities)+43.5%

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.