Comparable sales & offer analysis
Parcel ND-840217
Grand Forks County, ND · 1.35 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,600
Adjusted value
$5,217
Value range
$4,409–$6,025
Comp $/acre
$3,864/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.3% versus the adjusted value.
Offer position
Max allowable offer
$2,981
Offer $/acre
$2,208/ac
Projected profit
$1,565
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-221396 | 3.2 | Jul 27, 2026 | $14,300 | 4,537 | 3,957 | 76 |
| ND-692334 | 6.2 | Jul 27, 2026 | $20,800 | 3,332 | 3,363 | 65 |
| ND-363053 | 10.5 | Jul 27, 2026 | $41,600 | 3,966 | 4,147 | 62 |
| ND-532236 | 5.8 | May 14, 2025 | $13,000 | 2,233 | 2,876 | 58 |
| ND-262109 | 5.3 | Jul 26, 2025 | $17,000 | 3,204 | 4,795 | 58 |
| ND-433213 | 11.8 | Apr 27, 2024 | $40,000 | 3,389 | 4,108 | 47 |
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.