Comparable sales & offer analysis
Parcel ND-957318
Grand Forks County, ND · 231 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$388,200
Adjusted value
$399,575
Value range
$327,074–$472,076
Comp $/acre
$1,732/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.8% versus the adjusted value.
Offer position
Max allowable offer
$228,329
Offer $/acre
$990/ac
Projected profit
$119,873
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-996853 | 164.7 | Mar 22, 2026 | $206,100 | 1,251 | 1,355 | 78 |
| ND-836207 | 103.2 | Feb 20, 2026 | $215,700 | 2,091 | 1,710 | 73 |
| ND-386805 | 159.1 | Dec 17, 2023 | $289,300 | 1,818 | 1,834 | 70 |
| ND-208165 | 426.1 | Feb 10, 2025 | $892,500 | 2,095 | 2,276 | 67 |
| ND-916120 | 96.9 | Oct 21, 2024 | $167,400 | 1,728 | 1,522 | 62 |
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.