Comparable sales & offer analysis
Parcel ND-221396
Grand Forks County, ND · 3.16 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$15,400
Adjusted value
$14,064
Value range
$11,593–$16,534
Comp $/acre
$4,451/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.5% versus the adjusted value.
Offer position
Max allowable offer
$8,036
Offer $/acre
$2,543/ac
Projected profit
$4,219
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-692334 | 6.2 | Jul 27, 2026 | $20,800 | 3,332 | 3,886 | 70 |
| ND-532236 | 5.8 | May 14, 2025 | $13,000 | 2,233 | 3,323 | 69 |
| ND-262109 | 5.3 | Jul 26, 2025 | $17,000 | 3,204 | 5,540 | 66 |
| ND-840217 | 1.4 | Aug 15, 2024 | $5,200 | 3,820 | 4,810 | 65 |
| ND-363053 | 10.5 | Jul 27, 2026 | $41,600 | 3,966 | 4,792 | 65 |
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.