Comparable sales & offer analysis
Parcel ND-692099
Bowman County, ND · 5.26 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,200
Adjusted value
$13,411
Value range
$10,685–$16,138
Comp $/acre
$2,550/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +35.7% versus the adjusted value.
Offer position
Max allowable offer
$7,664
Offer $/acre
$1,457/ac
Projected profit
$4,023
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| ND-671744 | 4.1 | Aug 7, 2024 | $16,000 | 3,930 | 2,443 | 73 |
| ND-542722 | 8.3 | Mar 18, 2026 | $41,500 | 5,023 | 3,545 | 72 |
| ND-610979 | 2.3 | Nov 19, 2025 | $7,700 | 3,302 | 2,237 | 70 |
| ND-843620 | 15.8 | Jul 17, 2026 | $55,900 | 3,532 | 2,240 | 69 |
| ND-691248 | 2.8 | Feb 20, 2025 | $8,100 | 2,861 | 2,007 | 64 |
| ND-543530 | 14.8 | Jul 23, 2025 | $84,700 | 5,714 | 3,070 | 59 |
| ND-530499 | 1.6 | Apr 4, 2025 | $4,600 | 2,788 | 2,264 | 58 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.