McLean County, ND · Sold

ND-968036

5135 County Road 198

$375,200

$967/ac · 388 ac

Offer report Market this tract

Acreage388 ac

Price per acre$967/ac

ZoningResidential

Road accessPaved

UtilitiesOff grid

TopographyMixed

ListedSep 21, 2025

Coordinates47.6696, -101.3080

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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

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

View McLean market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands8.2% of tract

Little to no mapped wetland coverage.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,880 ft of deeded road frontage.

Power8,286 ft away

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

Buildable area338.44 of 388.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$339,147

$266,761 – $411,533 · $874/ac on 388 ac

Asking vs estimate

+10.6%

Priced above 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 $375,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$193,798

$499/ac · +30.0% target margin

You need $181,402 off asking to hit this margin.

All-in cost$210,271

Net resale$312,015

Projected profit$101,745

ROI+48.4%

Annualized+69.3%

Break-even resale$589/ac

Profit if resale lands off target

-20%

$39,342

-10%

$70,543

$101,745

+10%

$132,946

+20%

$164,148

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ND-278151 Gravel · Off grid	421.8	Jul 27, 2026	$249,000	590	716	10.8 mi	84
ND-467367 Gravel · Off grid	239.0	Nov 8, 2025	$193,000	807	854	6.4 mi	77
ND-787759 Landlocked · Off grid	317.5	Jul 5, 2025	$146,100	460	788	8.8 mi	74
ND-947795 Gravel · Power at road	325.9	Jul 31, 2024	$323,800	993	1,028	6.9 mi	69
ND-647400 Dirt · Full utilities	244.8	Jul 15, 2025	$211,700	865	756	8.6 mi	68
ND-729185 Gravel · Power at road	892.1	Oct 18, 2025	$567,900	637	851	4.5 mi	67
ND-929442 Dirt · Off grid	1074.7	Mar 17, 2025	$730,300	680	1,348	13.1 mi	63
ND-939448 Dirt · Off grid	1079.3	Apr 8, 2025	$378,500	351	695	5.3 mi	63
ND-549673 Paved · Off grid	1270.4	Jul 3, 2025	$852,900	671	1,011	11.4 mi	62
ND-179392 Dirt · Off grid	1036.4	Nov 1, 2023	$370,800	358	740	12.1 mi	55

Show adjustment detail for the top comp

Tract size (421.8 ac → 388.08 ac)+2.5%
Access (Gravel → Paved)+18.0%

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