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Wells County, ND · Sold

ND-288914

2038 County Road 234

$1,108,800
$1,513/ac · 733 ac
Acreage733 ac
Price per acre$1,513/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedNov 28, 2025
Coordinates47.5512, -99.6380
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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

3 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands5.4% of tract

Little to no mapped wetland coverage.

Average slope31.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power92 ft away

Power at or near the road.

Buildable area416.10 of 733.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$928,646
$722,161$1,135,131 · $1,267/ac on 733 ac
Asking vs estimate
+19.4%
Priced above 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 $1,108,800
Maximum allowable offer
$530,655
$724/ac · +30.0% target margin

You need $578,145 off asking to hit this margin.

All-in cost$575,761
Net resale$854,355
Projected profit$278,594
ROI+48.4%
Annualized+69.2%
Break-even resale$854/ac
Profit if resale lands off target
-20%
$107,723
-10%
$193,158
0%
$278,594
+10%
$364,029
+20%
$449,465
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ND-318456
Gravel · Power at road
526.1Jul 27, 2026$453,2008617805.9 mi
85
ND-608162
Gravel · Power at road
425.2Jul 27, 2026$650,1001,5291,2995.4 mi
81
ND-397879
Landlocked · Off grid
346.4Jun 13, 2026$338,9009781,3601.9 mi
75
ND-717271
Landlocked · Power at road
223.0Jul 19, 2026$348,1001,5611,6182.3 mi
73
ND-347947
Dirt · Off grid
363.9Jul 30, 2025$426,8001,1731,3552.8 mi
68
Show adjustment detail for the top comp
  • Tract size (526.09 ac → 733.09 ac)-9.6%

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.