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McHenry County, ND · Sold

ND-191997

637 County Road 240

$13,800
$2,822/ac · 4.89 ac
Acreage4.89 ac
Price per acre$2,822/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedAug 20, 2024
Coordinates48.2492, -100.6211
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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

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

View McHenry market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands3.1% of tract

Little to no mapped wetland coverage.

Average slope9.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power53 ft away

Power at or near the road.

Buildable area4.50 of 4.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,841
$9,044$14,637 · $2,421/ac on 4.89 ac
Asking vs estimate
+16.5%
Priced above 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 $13,800
Maximum allowable offer
$6,766
$1,384/ac · +30.0% target margin

You need $7,034 off asking to hit this margin.

All-in cost$7,341
Net resale$10,893
Projected profit$3,552
ROI+48.4%
Annualized+69.3%
Break-even resale$1,632/ac
Profit if resale lands off target
-20%
$1,374
-10%
$2,463
0%
$3,552
+10%
$4,642
+20%
$5,731
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-402404
Gravel · Power at road
6.6Jul 27, 2026$20,8003,1753,2303.9 mi
86
ND-352230
Landlocked · Power at road
5.8Mar 29, 2026$7,4001,2881,9400.3 mi
85
ND-430553
Gravel · Full utilities
1.7Jul 27, 2026$6,3003,6392,9004.0 mi
74
ND-373610
Landlocked · Power at road
15.7Jun 3, 2026$19,6001,2442,0125.1 mi
70
ND-340773
Paved · Off grid
2.0Dec 11, 2025$3,8001,8791,8746.9 mi
66
Show adjustment detail for the top comp
  • Tract size (6.56 ac → 4.89 ac)+1.5%

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.