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Wells County, ND · Sold

ND-814412

2269 County Road 266

$62,200
$2,214/ac · 28.10 ac
Acreage28.10 ac
Price per acre$2,214/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedDec 11, 2024
Coordinates47.5725, -99.7343
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

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

View Wells market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands16.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,544 ft away

A long utility run — price in solar/off-grid instead.

Buildable area22.40 of 28.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$78,314
$65,438$91,191 · $2,787/ac on 28.10 ac
Asking vs estimate
-20.6%
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 $62,200
Maximum allowable offer
$44,751
$1,593/ac · +30.0% target margin

You need $17,449 off asking to hit this margin.

All-in cost$48,555
Net resale$72,049
Projected profit$23,495
ROI+48.4%
Annualized+69.3%
Break-even resale$1,878/ac
Profit if resale lands off target
-20%
$9,085
-10%
$16,290
0%
$23,495
+10%
$30,699
+20%
$37,904
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-124676
Landlocked · Off grid
34.0Jan 30, 2026$77,3002,2733,5260.9 mi
83
ND-743821
Paved · Off grid
18.3Sep 6, 2025$64,8003,5402,9406.1 mi
77
ND-434490
Dirt · Power at road
29.7Jun 19, 2024$62,5002,1022,2866.6 mi
71
ND-373712
Gravel · Power at road
16.9Sep 14, 2024$50,9003,0042,5777.3 mi
71
ND-422952
Dirt · Power at road
9.8Apr 13, 2025$25,5002,6152,4185.7 mi
61
Show adjustment detail for the top comp
  • Tract size (34.03 ac → 28.1 ac)+3.2%
  • Access (Landlocked → Gravel)+47.1%
  • Market time (6 mo)+2.3%

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.