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Walsh County, ND · Sold

ND-989307

7141 County Road 223

$783,700
$804/ac · 975 ac
Acreage975 ac
Price per acre$804/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedMay 8, 2024
Coordinates48.3243, -97.8322
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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

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

View Walsh market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands19.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power73 ft away

Power at or near the road.

Buildable area748.06 of 974.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$983,622
$771,356$1,195,889 · $1,009/ac on 975 ac
Asking vs estimate
-20.3%
Priced below 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 $783,700
Maximum allowable offer
$562,070
$577/ac · +30.0% target margin

You need $221,630 off asking to hit this margin.

All-in cost$609,846
Net resale$904,932
Projected profit$295,087
ROI+48.4%
Annualized+69.2%
Break-even resale$680/ac
Profit if resale lands off target
-20%
$114,100
-10%
$204,593
0%
$295,087
+10%
$385,580
+20%
$476,073
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-366403
Gravel · Power at road
118.9Jul 27, 2026$371,3003,1231,1559.3 mi
62
ND-956422
Gravel · Off grid
120.5Jul 26, 2026$192,3001,59569710.5 mi
60
ND-697443
Landlocked · Power at road
252.6Oct 14, 2024$321,6001,27391411.3 mi
57
ND-297827
Dirt · Power at road
333.6Apr 21, 2024$506,0001,5179518.8 mi
57
ND-306342
Paved · Off grid
113.8Dec 1, 2024$389,7003,4251,3365.2 mi
56
Show adjustment detail for the top comp
  • Tract size (118.9 ac → 974.54 ac)-45.7%
  • Access (Gravel → Landlocked)-32.0%

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.