Comparable sales & offer analysis
Parcel ND-692334
Grand Forks County, ND · 6.24 ac · Mixed Use · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$23,600
Adjusted value
$26,362
Value range
$21,184–$31,541
Comp $/acre
$4,225/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.5% versus the adjusted value.
Offer position
Max allowable offer
$15,064
Offer $/acre
$2,414/ac
Projected profit
$7,909
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-363053 | 10.5 | Jul 27, 2026 | $41,600 | 3,966 | 4,142 | 84 |
| ND-262109 | 5.3 | Jul 26, 2025 | $17,000 | 3,204 | 4,788 | 78 |
| ND-532236 | 5.8 | May 14, 2025 | $13,000 | 2,233 | 2,872 | 75 |
| ND-221396 | 3.2 | Jul 27, 2026 | $14,300 | 4,537 | 3,952 | 70 |
| ND-813326 | 12.8 | Nov 2, 2025 | $62,800 | 4,904 | 5,619 | 65 |
| ND-433213 | 11.8 | Apr 27, 2024 | $40,000 | 3,389 | 4,102 | 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.
