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Wells County, ND · Sold

ND-347947

6606 County Road 48

$447,800
$1,231/ac · 364 ac
Acreage364 ac
Price per acre$1,231/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedSep 11, 2024
Coordinates47.5658, -99.5810
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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

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

View Wells market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,830 ft of deeded road frontage.

Power8,020 ft away

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

Buildable area325.61 of 363.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$484,435
$364,102$604,769 · $1,331/ac on 364 ac
Asking vs estimate
-7.6%
Priced below the comp set

Weighted from 7 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 $447,800
Maximum allowable offer
$276,820
$761/ac · +30.0% target margin

You need $170,980 off asking to hit this margin.

All-in cost$300,350
Net resale$445,680
Projected profit$145,331
ROI+48.4%
Annualized+69.2%
Break-even resale$897/ac
Profit if resale lands off target
-20%
$56,195
-10%
$100,763
0%
$145,331
+10%
$189,899
+20%
$234,467
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-397879
Landlocked · Off grid
346.4Jun 13, 2026$338,9009781,2284.3 mi
86
ND-608162
Gravel · Power at road
425.2Jul 27, 2026$650,1001,5291,1734.2 mi
83
ND-717271
Landlocked · Power at road
223.0Jul 19, 2026$348,1001,5611,4610.8 mi
80
ND-318456
Gravel · Power at road
526.1Jul 27, 2026$453,2008617056.7 mi
78
ND-288914
Gravel · Power at road
733.1May 2, 2026$1,136,5001,5501,4172.8 mi
74
ND-966312
Paved · Power at road
111.3Jul 27, 2026$435,8003,9151,7517.6 mi
68
ND-966264
Dirt · Power at road
107.5Apr 24, 2024$281,6002,6191,7446.2 mi
63
Show adjustment detail for the top comp
  • Tract size (346.36 ac → 363.85 ac)-1.4%
  • Access (Landlocked → Dirt)+26.5%
  • Market time (2 mo)+0.7%

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.