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Ramsey County, ND · Sold

ND-824253

1162 County Road 340

$120,300
$4,802/ac · 25.05 ac
Acreage25.05 ac
Price per acre$4,802/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedJul 16, 2024
Coordinates48.2275, -98.8590
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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

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

View Ramsey market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
27
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope30.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

682 ft of deeded road frontage.

Power215 ft away

Power at or near the road.

Buildable area14.50 of 25.05 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$100,160
$72,115$128,205 · $3,998/ac on 25.05 ac
Asking vs estimate
+20.1%
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 $120,300
Maximum allowable offer
$57,234
$2,285/ac · +30.0% target margin

You need $63,066 off asking to hit this margin.

All-in cost$62,099
Net resale$92,147
Projected profit$30,048
ROI+48.4%
Annualized+69.3%
Break-even resale$2,695/ac
Profit if resale lands off target
-20%
$11,619
-10%
$20,834
0%
$30,048
+10%
$39,263
+20%
$48,478
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-355496
Landlocked · Off grid
61.6Jul 27, 2026$148,7002,4135,8112.8 mi
74
ND-794689
Landlocked · Off grid
34.4Jan 20, 2026$36,7001,0682,3468.2 mi
74
ND-553687
Dirt · Off grid
16.6Nov 1, 2024$51,7003,1125,1204.3 mi
68
ND-996326
Paved · Full utilities
112.4Mar 27, 2026$338,1003,0073,3954.1 mi
67
ND-833937
Landlocked · Off grid
19.9Nov 2, 2024$30,7001,5393,27313.1 mi
66
Show adjustment detail for the top comp
  • Tract size (61.63 ac → 25.05 ac)+17.7%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Off grid → Power at road)+17.6%

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.