Comparable sales & offer analysis
Parcel ND-639903
Bowman County, ND · 1,501 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,496,500
Adjusted value
$1,811,353
Value range
$1,304,174–$2,318,532
Comp $/acre
$1,207/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.4% versus the adjusted value.
Offer position
Max allowable offer
$1,035,059
Offer $/acre
$690/ac
Projected profit
$543,406
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-418919 | 735.8 | Jul 27, 2026 | $980,200 | 1,332 | 1,076 | 77 |
| ND-779962 | 1566.3 | Sep 16, 2024 | $2,274,200 | 1,452 | 1,598 | 76 |
| ND-736891 | 169.3 | Apr 22, 2026 | $201,500 | 1,190 | 799 | 63 |
| ND-158337 | 482.6 | Dec 16, 2024 | $1,226,200 | 2,541 | 1,154 | 56 |
| ND-708054 | 393.2 | Feb 21, 2025 | $701,400 | 1,784 | 1,357 | 54 |
| ND-817060 | 191.4 | Jul 7, 2024 | $936,400 | 4,893 | 1,786 | 54 |
| ND-526969 | 179.2 | May 2, 2025 | $353,500 | 1,973 | 685 | 53 |
| ND-517064 | 191.9 | Aug 10, 2024 | $353,400 | 1,841 | 1,163 | 53 |
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.