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Walsh County, ND · Sold

ND-366403

5059 County Road 387

$373,200
$3,139/ac · 119 ac
Acreage119 ac
Price per acre$3,139/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJul 6, 2025
Coordinates48.3969, -97.6610
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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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands8.3% of tract

Little to no mapped wetland coverage.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,728 ft of deeded road frontage.

Power133 ft away

Power at or near the road.

Buildable area103.58 of 118.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$303,262
$243,088$363,437 · $2,551/ac on 119 ac
Asking vs estimate
+23.1%
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 $373,200
Maximum allowable offer
$173,293
$1,457/ac · +30.0% target margin

You need $199,907 off asking to hit this margin.

All-in cost$188,023
Net resale$279,001
Projected profit$90,978
ROI+48.4%
Annualized+69.2%
Break-even resale$1,719/ac
Profit if resale lands off target
-20%
$35,178
-10%
$63,078
0%
$90,978
+10%
$118,879
+20%
$146,779
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-956422
Gravel · Off grid
120.5Jul 26, 2026$192,3001,5951,8872.0 mi
91
ND-525450
Paved · Off grid
59.6Jun 14, 2026$169,7002,8472,4309.2 mi
76
ND-306342
Paved · Off grid
113.8Dec 1, 2024$389,7003,4253,6196.3 mi
73
ND-925202
Gravel · Off grid
49.8Jul 27, 2026$130,6002,6212,5329.4 mi
72
ND-616160
Landlocked · Off grid
99.7Aug 18, 2024$118,9001,1932,1404.2 mi
71
ND-697443
Landlocked · Power at road
252.6Oct 14, 2024$321,6001,2732,4765.6 mi
64
ND-297827
Dirt · Power at road
333.6Apr 21, 2024$506,0001,5172,5760.6 mi
63
ND-915287
Landlocked · Off grid
53.0May 10, 2025$103,2001,9492,9457.5 mi
63
Show adjustment detail for the top comp
  • 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.