Stutsman County, ND · Sold

ND-226247

5717 County Road 48

$127,500

$1,201/ac · 106 ac

Offer report Market this tract

Acreage106 ac

Price per acre$1,201/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographyWooded

ListedMar 3, 2024

Coordinates46.8638, -99.0169

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands4.0% of tract

Little to no mapped wetland coverage.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power1,104 ft away

Service extension needed; get a utility quote.

Buildable area96.85 of 106.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$113,906

$102,424 – $125,388 · $1,073/ac on 106 ac

Asking vs estimate

+11.9%

Priced above 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 $127,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$65,089

$613/ac · +30.0% target margin

You need $62,411 off asking to hit this margin.

All-in cost$70,622

Net resale$104,794

Projected profit$34,172

ROI+48.4%

Annualized+69.3%

Break-even resale$723/ac

Profit if resale lands off target

-20%

$13,213

-10%

$23,693

$34,172

+10%

$44,652

+20%

$55,131

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ND-167371 Gravel · Off grid	239.7	Jul 27, 2026	$189,500	791	986	5.9 mi	82
ND-395978 Paved · Full utilities	87.4	Jul 27, 2026	$172,500	1,974	1,114	6.5 mi	81
ND-606436 Dirt · Power at road	121.8	Apr 6, 2025	$138,400	1,137	1,230	8.7 mi	76
ND-685298 Paved · Full utilities	53.4	Feb 18, 2026	$102,800	1,924	991	5.9 mi	71
ND-667223 Dirt · Power at road	215.3	Nov 8, 2025	$187,800	872	1,074	9.6 mi	65
ND-734794 Paved · Off grid	37.1	Aug 20, 2024	$44,900	1,212	887	2.2 mi	62
ND-427726 Dirt · Power at road	310.0	Apr 23, 2025	$241,600	779	1,089	14.1 mi	60
ND-584576 Paved · Full utilities	31.6	Aug 31, 2024	$78,000	2,464	1,222	10.0 mi	54

Show adjustment detail for the top comp

Tract size (239.72 ac → 106.19 ac)+24.4%

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