Comparable sales & offer analysis
Parcel ND-874474
Grand Forks County, ND · 29.40 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$65,300
Adjusted value
$62,949
Value range
$47,556–$78,341
Comp $/acre
$2,141/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.7% versus the adjusted value.
Offer position
Max allowable offer
$35,971
Offer $/acre
$1,223/ac
Projected profit
$18,885
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-764987 | 42.6 | Jul 27, 2026 | $65,600 | 1,538 | 1,653 | 84 |
| ND-424585 | 31.9 | Aug 1, 2025 | $79,200 | 2,486 | 2,642 | 83 |
| ND-104639 | 33.1 | Jul 27, 2026 | $93,200 | 2,814 | 1,966 | 80 |
| ND-634694 | 34.5 | Nov 7, 2025 | $54,100 | 1,570 | 1,338 | 73 |
| ND-363053 | 10.5 | Jul 27, 2026 | $41,600 | 3,966 | 2,292 | 72 |
| ND-813326 | 12.8 | Nov 2, 2025 | $62,800 | 4,904 | 3,109 | 66 |
| ND-433213 | 11.8 | Apr 27, 2024 | $40,000 | 3,389 | 2,270 | 58 |
| ND-916120 | 96.9 | Oct 21, 2024 | $167,400 | 1,728 | 1,954 | 57 |
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.