Stutsman County, ND · Sold

ND-685298

685 County Road 123

$112,800

$2,112/ac · 53.40 ac

Offer report Market this tract

Acreage53.40 ac

Price per acre$2,112/ac

ZoningMixed Use

Road accessPaved

UtilitiesFull utilities

TopographyWooded

ListedMar 22, 2025

Coordinates46.9448, -99.0546

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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

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

View Stutsman market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands7.6% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area46.87 of 53.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$126,085

$105,809 – $146,361 · $2,361/ac on 53.40 ac

Asking vs estimate

-10.5%

Priced below the comp set

Weighted from 8 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 $112,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$72,048

$1,349/ac · +30.0% target margin

You need $40,752 off asking to hit this margin.

All-in cost$78,172

Net resale$115,998

Projected profit$37,826

ROI+48.4%

Annualized+69.3%

Break-even resale$1,591/ac

Profit if resale lands off target

-20%

$14,626

-10%

$26,226

$37,826

+10%

$49,426

+20%

$61,026

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ND-395978 Paved · Full utilities	87.4	Jul 27, 2026	$172,500	1,974	2,207	0.9 mi	89
ND-553941 Gravel · Power at road	20.0	Jul 27, 2026	$31,500	1,575	1,929	1.7 mi	73
ND-734794 Paved · Off grid	37.1	Aug 20, 2024	$44,900	1,212	1,758	5.0 mi	70
ND-584576 Paved · Full utilities	31.6	Aug 31, 2024	$78,000	2,464	2,421	6.7 mi	69
ND-226247 Gravel · Off grid	106.2	Jun 6, 2024	$130,200	1,226	2,653	5.9 mi	62
ND-573758 Dirt · Power at road	17.5	Dec 14, 2024	$34,100	1,951	2,919	8.9 mi	61
ND-606436 Dirt · Power at road	121.8	Apr 6, 2025	$138,400	1,137	2,436	9.2 mi	61
ND-153648 Gravel · Full utilities	16.2	Sep 8, 2024	$43,100	2,667	2,816	4.9 mi	59

Show adjustment detail for the top comp

Tract size (87.39 ac → 53.4 ac)+11.6%

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.

Build the listing kit Post a deal or JV