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Comparable sales & offer analysis

Parcel ND-374929

Cavalier County, ND · 40.87 ac · Unzoned · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$114,700
Adjusted value
$130,537
Value range
$114,458–$146,616
Comp $/acre
$3,194/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.1% versus the adjusted value.

Offer position

Max allowable offer
$74,593
Offer $/acre
$1,825/ac
Projected profit
$39,161
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-59516948.6Jul 27, 2026$194,7004,0033,39986
ND-95490040.0Aug 3, 2025$108,1002,7013,26579
ND-27508545.8Mar 11, 2025$82,8001,8102,68273
ND-12324112.0Feb 22, 2025$32,3002,6872,80759
ND-46320811.8Aug 6, 2024$33,3002,8363,82059
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.