Comparable sales & offer analysis
Parcel ND-517064
Bowman County, ND · 192 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$419,200
Adjusted value
$363,231
Value range
$261,527–$464,936
Comp $/acre
$1,893/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.4% versus the adjusted value.
Offer position
Max allowable offer
$207,561
Offer $/acre
$1,081/ac
Projected profit
$108,969
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-736891 | 169.3 | Apr 22, 2026 | $201,500 | 1,190 | 1,378 | 81 |
| ND-526969 | 179.2 | May 2, 2025 | $353,500 | 1,973 | 1,182 | 78 |
| ND-817060 | 191.4 | Jul 7, 2024 | $936,400 | 4,893 | 3,083 | 76 |
| ND-708054 | 393.2 | Feb 21, 2025 | $701,400 | 1,784 | 2,342 | 67 |
| ND-145625 | 67.7 | Jun 16, 2025 | $151,800 | 2,244 | 1,439 | 65 |
| ND-158337 | 482.6 | Dec 16, 2024 | $1,226,200 | 2,541 | 1,991 | 60 |
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.
