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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

ParcelAcresSoldPrice$/acAdj $/acMatch
ND-36305310.5Jul 27, 2026$41,6003,9664,14284
ND-2621095.3Jul 26, 2025$17,0003,2044,78878
ND-5322365.8May 14, 2025$13,0002,2332,87275
ND-2213963.2Jul 27, 2026$14,3004,5373,95270
ND-81332612.8Nov 2, 2025$62,8004,9045,61965
ND-43321311.8Apr 27, 2024$40,0003,3894,10257
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.