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Richland County, ND · Sold

ND-194028

8690 County Road 231

$107,400
$5,047/ac · 21.28 ac
Acreage21.28 ac
Price per acre$5,047/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedSep 27, 2024
Coordinates46.3385, -96.8565
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

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

View Richland market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands7.9% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,162 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area18.62 of 21.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$77,364
$64,413$90,315 · $3,636/ac on 21.28 ac
Asking vs estimate
+38.8%
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 $107,400
Maximum allowable offer
$44,208
$2,077/ac · +30.0% target margin

You need $63,192 off asking to hit this margin.

All-in cost$47,966
Net resale$71,175
Projected profit$23,209
ROI+48.4%
Annualized+69.3%
Break-even resale$2,450/ac
Profit if resale lands off target
-20%
$8,974
-10%
$16,092
0%
$23,209
+10%
$30,327
+20%
$37,444
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-983838
Landlocked · Power at road
18.5Jul 27, 2026$29,6001,5972,4267.0 mi
87
ND-593952
Gravel · Full utilities
20.1Jul 27, 2026$102,8005,1044,3686.9 mi
86
ND-614402
Paved · Off grid
27.9Jul 27, 2026$105,2003,7704,10910.8 mi
83
ND-253744
Gravel · Off grid
17.3Jul 4, 2026$44,5002,5693,1068.1 mi
79
ND-984201
Dirt · Power at road
24.1Apr 27, 2025$73,6003,0523,99612.6 mi
73
ND-755092
Landlocked · Power at road
46.0Apr 15, 2026$113,2002,4614,3673.4 mi
73
ND-953754
Paved · Off grid
17.4Sep 17, 2025$54,8003,1393,32613.0 mi
71
ND-613615
Paved · Power at road
15.8Jun 15, 2025$58,1003,6813,31110.3 mi
69
ND-814534
Gravel · Full utilities
30.7Aug 27, 2024$112,8003,6743,61010.2 mi
66
ND-562423
Gravel · Full utilities
6.7May 15, 2025$31,1004,6833,8081.8 mi
65
Show adjustment detail for the top comp
  • Tract size (18.54 ac → 21.28 ac)-1.7%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Full utilities)+22.0%

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.