Comparable sales & offer analysis
Parcel ND-123241
Cavalier County, ND · 12.03 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$37,800
Adjusted value
$40,043
Value range
$35,801–$44,286
Comp $/acre
$3,329/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.6% versus the adjusted value.
Offer position
Max allowable offer
$22,882
Offer $/acre
$1,902/ac
Projected profit
$12,013
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-463208 | 11.8 | Aug 6, 2024 | $33,300 | 2,836 | 3,883 | 74 |
| ND-211873 | 4.5 | Jul 27, 2026 | $19,600 | 4,374 | 3,372 | 72 |
| ND-954900 | 40.0 | Aug 3, 2025 | $108,100 | 2,701 | 3,319 | 63 |
| ND-191944 | 4.7 | May 3, 2024 | $15,000 | 3,197 | 2,826 | 60 |
| ND-374929 | 40.9 | May 2, 2025 | $118,600 | 2,902 | 3,110 | 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.