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Comparable sales & offer analysis

Parcel ND-595169

Cavalier County, ND · 48.63 ac · Agricultural · Gravel · Full utilities

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$229,000
Adjusted value
$204,867
Value range
$157,591–$252,143
Comp $/acre
$4,213/ac

Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.8% versus the adjusted value.

Offer position

Max allowable offer
$117,067
Offer $/acre
$2,407/ac
Projected profit
$61,460
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
ND-27508545.8Mar 11, 2025$82,8001,8103,18279
ND-95490040.0Aug 3, 2025$108,1002,7013,87378
ND-37492940.9May 2, 2025$118,6002,9023,62976
ND-726836162.7Jul 27, 2026$585,4003,5985,87669
ND-866919172.8Jun 7, 2025$634,9003,6745,43057
ND-12324112.0Feb 22, 2025$32,3002,6873,33057
ND-46320811.8Aug 6, 2024$33,3002,8364,53255
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.