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McKenzie County, ND · Sold

ND-755107

8417 County Road 240

$62,000
$1,333/ac · 46.50 ac
Acreage46.50 ac
Price per acre$1,333/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedJun 20, 2024
Coordinates47.6428, -103.4019
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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

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

View McKenzie market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope10.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power94 ft away

Power at or near the road.

Buildable area43.16 of 46.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$53,849
$45,135$62,564 · $1,158/ac on 46.50 ac
Asking vs estimate
+15.1%
Priced above the comp set

Weighted from 6 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 $62,000
Maximum allowable offer
$30,771
$662/ac · +30.0% target margin

You need $31,229 off asking to hit this margin.

All-in cost$33,387
Net resale$49,542
Projected profit$16,155
ROI+48.4%
Annualized+69.3%
Break-even resale$780/ac
Profit if resale lands off target
-20%
$6,247
-10%
$11,201
0%
$16,155
+10%
$21,109
+20%
$26,063
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-834812
Dirt · Full utilities
37.5Apr 26, 2026$65,2001,7351,0956.4 mi
79
ND-704817
Gravel · Power at road
37.7Feb 5, 2025$65,3001,7321,2051.5 mi
76
ND-466088
Paved · Full utilities
94.6Oct 28, 2024$217,6002,3001,3664.0 mi
68
ND-567076
Landlocked · Full utilities
193.6Jul 27, 2026$142,00073384912.7 mi
65
ND-553981
Gravel · Off grid
20.6Dec 1, 2024$38,5001,8741,4078.6 mi
60
ND-237039
Gravel · Off grid
188.5Jul 2, 2025$166,1008811,03311.9 mi
60
Show adjustment detail for the top comp
  • Tract size (37.55 ac → 46.5 ac)-3.9%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (4 mo)+1.3%

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.