Comparable sales & offer analysis
Parcel ND-520472
Cavalier County, ND · 1.62 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,900
Adjusted value
$4,498
Value range
$3,970–$5,025
Comp $/acre
$2,777/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +31.2% versus the adjusted value.
Offer position
Max allowable offer
$2,570
Offer $/acre
$1,587/ac
Projected profit
$1,349
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-500616 | 1.8 | Jun 15, 2024 | $6,400 | 3,575 | 2,671 | 73 |
| ND-211873 | 4.5 | Jul 27, 2026 | $19,600 | 4,374 | 2,937 | 70 |
| ND-123241 | 12.0 | Feb 22, 2025 | $32,300 | 2,687 | 2,484 | 61 |
| ND-191944 | 4.7 | May 3, 2024 | $15,000 | 3,197 | 2,460 | 59 |
| ND-463208 | 11.8 | Aug 6, 2024 | $33,300 | 2,836 | 3,381 | 54 |
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.